Skip to main content

Full text of "International Herald Tribune , 1994, France, English"

See other formats


^ I J&o 





% 



INTERNATIONAL 



eribunc 




\% 




PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 




Paris, Friday, November 25, 1994 


No. 34,755 


Next Power in Congress: 
A Man of Complex Ideals 

Gingrich's Hard-Line ‘Family Values' 
Belie Reality of His Own Upbringing 


Italian Politics as Usual? I Serbs Tighten Siege 


Berlusconi’s War With Magistrates, 
And Allies, Makes This Crisis Different 


By Katharine Q. Seelye 

New York Times Service 

WASHINGTON — It was September 
1942 when 16-year-old Kathleen Daugh- 
erty married Newton C. McPherson Jr., a 
19-year-old mechanic in a small town in 
Pennsylvania. In three days, the marriage 
fell apart; nine months later, she gave birth 
to a baby boy, whom die namea Newton 
Leroy. 

When Kathleen remarried three years 
later, her new husband, Robert B. Ging- 
rich, an army artillery officer, adopted her 
■son, who took his stepfather’s name. 

Today, the boy, Newt Gingrich, is on the 
verge of becoming the speaker of the 
House and next in the line of succession 
for the presidency after the vice president. 

He says he wants to do nothing less than 
to save American civilization with a renew- 
al of family values. 

But, while he often refers to an idealized 
American family life with Ozzie-and-Har- 
riet mores, Mr. Gingrich has made it clear 
he did' not have such an upbringing him- 
self. As he told The New York Times in the 
spring: “Pm not sitting here as someone 
who is unfamiliar with the late 20th centu- 
ry” 

He was bom fatherless to a ta*nag» 
mother. He married against his adoptive 
father’s wishes and later underwent a bit- 
ter divorce. While promoting family val- 
ues, he remains dose to a daughter who 
vocally supports abortion rights and a 
half-sister who is gay. As he has said, he 
knows life can be complicated. 

Kathleen Gingrich, now 68, said that 
when die was 16, her father, was killed in a 
car accident. He had been the stabilizing 
influence in her family, she said, and when 
he was gone, die turned to Mr. McPher- 
son, whom she had known only briefly. “I 
never should have gotten married to start," 
she said in a telephone interview from her 
borne in Dauphin, a small town near Har- 
risburg, Pennsylvania. 

Her new husband stays! out late at the 
■ loot hall one night, she said, and when she 
tried to wake him in the morning to go to 
work, “he got mad and he hauled off and 
hit me. It was the only time, believe me.” 

“We were married on a Saturday, and I 


left him on a Tuesday," she said. “I got 
Newtie in those three days.” 

She was not working at the time and 
could not support herself, so she moved in 
with her mother, a schoolteacher. 

Newt grew up under the tutelage of his 
maternal grandmother, with whom he 
shared a bedroom and who stayed with 
them after Kathleen remarried. His grand- 
mother taught him to read, which he does 
voraciously to this day. 

After the war, his biological father, who 
had been in the navy, remarried and had 
two other children. Young Newt retained 
some relationship with him and was with 
him when he died at age 48 of lung cancer. 

His mother went on to have three 
daughters with Bob Gingrich. She summed 
up the relationship between her son and 
husband by saying, “Newtie is a talker; 
Bob is not.” She said her husband pre- 
ferred doing crossword puzzles. 

One of Mr. Gingrich’s closest friends, 
former Representative Vin Weber, said the 
father-son relationship was complex. “On 
one hand, there is a side of Newt that is 
brash, disrespectful of authority and cer- 
tainly willing to challenge authority, but 
on the other hand, he really does value 
father relationships if they can begin to 
develop," he said. 

Mr. Gingrich, who declined to be inter- 
viewed for this article, once told a reporter 
that he could not finish Pat Conroy’s novel 
“The Great Santim.” which was about a 
boy’s struggle to prove himself to his fa- 
ther, an overbearing military officer. “His 
father seemed like a cold, austere kind of 
person,” a former political associate, L. H. 
(Kip) Carter, said of Mr. Gingrich’s view 
of nis adoptive father. “He's felt aban- 
doned his whole Cfe." 

Kathleen Gingrich said that of the myri- 
ad photographs that have appeared lately 
of her son, the only one her husband wants 
to frame is the Nov. 7 cover of Time. It 
shows a snarling' Newt with his mouth 
agape and the cover line: “Mad As HdL” 

The speaker-to-be is consumed with 
things military, and he often closes his 
speeches with bursts of patriotism and a 
reference to his stepfather’s military ca- 
See SPEAKER, Page 4 


By Alan C-owell 

New York Times Service 

ROME — It is not unusual for Italian 
governments to be labeled shaky or 
fractious or frail or embattled: the 
country, after all, has had 52 of them 
since World War II. So there has been 
plenty of time — and plenty of govern- 
ments — to build a political vocabulary 
suggesting a penchant for instability as 
endemic as the common cold. 

It is not unusual, either, for them to 
teeter on brinks, dissolve and change 
like the colors in a child's kaleidoscope. 

And with the announcement that the 
public prosecutor's office in Rome on 
Thursday ordered an investigation into 
alleged misconduct in office by Prime 
Minister Silvio Berlusconi, the current 
troubles deepened. 

But two things distinguish the crisis 
swirling around the rightist government 
of Mr. Berlusconi — the self-described 
harbinger of renewal now enmeshed in 
intimations of the same corruption as 


he campaigned against — from many of 

its predecessors. 

Throughout the Cold War, when the 
Christian Democrats kept power as the 
political deadweight that resisted Com- 
munist encroachment, successive coali- 

NEWS ANALYSIS 

lions were underpinned by a fundamen- 
tal political arithmetic: With a majority 
of the voters on their side, the many 
coalitions had a basic community of 
interest in sharing the spoils of power. 

Mr. Berlusconi’s coalition, by con- 
trast, has no such inner cohesion, as one 
of his ministers, Labor Minister Cle- 
mente Ma5tella of the small Christian 
Democratic Center party, seemed to say 
Thursday as the prune minister strove 
to unite his Fractured coalition. 

“The coalition as it stands now no 
longer exists,” Mr. Mastella said “We 

See ITALY, Page 4 


In UN’s Safe Zone 

Bosnia Appeals for a NATO Rescue , 
But Alliance Is Split on Its Response 


By Roger Cohen 

New York Times Service 

ZAGREB, Croatia — Fierce fighting 
raged around Bihac on Thursday as Serbi- 
an forces pursued a steady advance toward 
the center of the northwestern Bosnian 
town and NATO failed to agree on how to 
save it 

Claire Grimes, a spokeswoman for the 
United Nations here, said Bosnian Serbian 
troops advancing from the southwest had 
reached a point about a kilometer from the 
center of Bihac. a mainly Muslim town of 
about 45,000 people that has recently 
made a nonsense of the “safe area” status 
accorded it by the United Nations last 
year. 

“After a brief lull early in the day, there 
has been heavy fighting inside the safe 
zone, to the southwest of the city and on 
Debeljaca hill,” Ms. Grimes said'. 



China’s Creditworthiness 


ows 



By Kevin Murphy; . 

International Herald Tribute 

HONG KONG — A growing list of 
unpaid bills and credit disputes between 
Chin ese state companies and their foreign 
business partners and creditors is prompt- 
ing the uneasy question; Is China good for 
its debts? 

The disputes, and widespread fears that 
many more lie just under the surface, are 
making the international business commu- 
nity increasingly worried about its Chinese 
risk, according to bankers, lawyers and 
financial analysis here and in Beijing in- 
volved in deals in China. 

Two fresh cases are bang watched with 
particular concern: The reluctance of Chi- 
na’s huge state-owned investment -bank, 
China International Trust & Investment 
Corp., or OTIC, to pay for the metal- 
trading losses of its Sha n g h ai branch, and 
a suit in New York by Le hman Brothers 
Inc, to recover $97.5 million in foreign- 
exchange trading losses. 

“When people wake up to China's view 
toward contracts and the ad hoc accom- 
■, mndaiinn that is often demanded in prac- 
tice, it’s sure to give them pause.” said a 


Kiosk 

Israel Condemns 
Bomber to Death 

A military court on Thursday sen- 
tenced a member of Hamas, the mili- 
tant Muslim group, to death for plan- 
ning the bus bombing that killed five 
people in April, Israel Radio said. 

Unless the death penalty is over- 
turned by a higher authority. Said 
Badaraeh, 24 , will be the first person 
to be executed in Israel since Adolf 
Eichmann in 1962, it said. (Page 2) 

To Our Readers 

Because of industrial action affect- 
ing our Paris composing room, distri- 
bution of Thursday's lawaifioad 
Herald Tribune was disrupted at all of 
its printing sites. “Hie newspap^ 
grets any inconvenience caused to its 


Newsstand Price s _ — 

Andorra .....9.00 FF LuMmbwrettL.Fr 

£=»« SSsS 

2 r f elX don Lire TUniSlO 1.000 Dm 

, iwCowf‘ , .120CFA Turkey -Wj*" 

iSSSar.jffi'i'S u.s.Mii. (Eur.i si-ip 


Beijing-based lawyer, who spoke on condi- 
tion that he not be identified. 

“With most disputes like this it’s not a 
question of a company's creditworthiness, 
but the film’s interest in meeting its obliga- 
tions,” the lawyer said, echoing a senti- 
ment widely held among Western busi- 
nesses closely watching the New York 
case. 

Last month, a group of foreign banks 
asked the government to step in and help 
recover $600 million in unpaid loans from 
leasing deals. 

The cases have laid bare the abundant 
uncertainties of investing in a Communist 
country moving quickly but not complete- 
ly to a market economy. They also high- 
light the fundamental issues China must 
confront if it hopes to avoid higher financ- 
ing costs for its huge development needs in 
coming years, bankers and lawyers in- 
volved in China said. 

Development has brought a huge thirst 
for funds. China’s foreign debt is expected 
to surpass $100 billion this year after hit- 
ting $85 billion on 1993. 

Even Li Ka-shing, the Hong Kong ty- 
coon and an adviser to Beijing who holds 

See DEBT, Page 4 






Mi.lurt E. Sjmc^ikti'ABCwr Fram*-ftti»e 

HOLIDAY FOOTBALL — The Detroit Lions’ Barry Sanders getting past the Buffalo Bills’ Henry Jones for a 
touchdown Thursday in the traditional Thanksgiving Day football game in Detroit. The Lions won, 35-21. Page 19. 

Clinton-Dole Deal: Way to Avoid Gridlock 


By R. W. Apple Jr. 

Sew York Times Service 

WASHINGTON — Things will not al- 
ways be so easy, but the agreement be- 
tween the White House and Senator Bob 
Dole of Kansas on the worldwide trade 
pact demonstrated that the Republican 
triumph in the midterm elections need not 
produce two years of gridlock in Washing- 
ton, with Congress and President Bill Gin- 
ton constantly at war. 

It will certainly be difficult for Mr. Clin- 
ton to govern, but it will not be impossible, 
as some shell-shocked Democrats had first 
thought. 

Mr. Dole’s decision to support the trade 


agreement suggests that he, and no doubt 
many other Republican lawmakers, be- 
lieve that their party’s self-interest lies in 
accomplishment, not in relentless naysay- 
ing. 

If that proves to be the case, a lone senes 
of negotiations lies ahead between the Re- 

NEWS ANALYSIS 

publicans at one end of Pennsylvania Ave- 
nue and the Democrats at the other, issue 
by issue, with each seeking not only politi- 
cal advantage but also a record of achieve- 
ment for an electorate that demands 
change. 

Mr. Clinton will win some and lose 


some. At times, be will find Senator Jesse 
Helms of North Carolina and friends 
blocking his path or lobbing verbal gre- 
nades at him. But on other matters, includ- 
ing some of the items in the Republicans* 
“Contract With America," deals will prob- 
ably be possible. 

Admittedly this was a special case. The 
new accord negotiated under the General 
Agreement on Tariffs and Trade, which 
now seems headed for passage in next 
week’s lame-duck session on Capitol HilL 
was a Republican project from the start, 
negotiated first by the Reagan administra- 

See DEAL, Page 4 


Haris Silajdzic, the Bosnian prime min- 
ister, said Debeljaca. a steep hill inside the 
safe area, had been taken by the Serbs, but 
there was no confirmation of this from UN 
officials. 

“The Serbs are attacking with tank fire 
and artillery fire and have taken the hill” 
Mr. Silajdzic said. “We have appealed to 
NATO to act immediately to stop these 
attacks." 

Rapid action by the North Atlantic 
Treaty Organization appeared unlikely, 
however. At an emergency meeting of the 
NATO Council, alliance ambassadors 
failed to agree on how to stop a Serbian 
offensive that NATO is technically bound 
to curb because the Serbs have already 
encroached on the Bihac safe area, made 
up of the city and its immediate surround- 
ings. 

In a strikingly bland statement given the 
gravity of the situation on the ground. 
NATO said it “supports ongoing diplo- 
matic efforts to create an effective stabili- 
zation in and around Bihac, and would be 
ready to consider how to assist the United 
Nations in implementing those objectives 
once they have been agreed.” 

In essence, the NATO debate centered 
on whether to break out of a cycle of messy 
compromises in the 31 -month-old Bosnian 
war by using extensive force against the 
Serbs, or settle at Bihac for the inconclu- 
sive arrangements that have prevailed at 
other Muslim enclaves attacked by Serbian 
forces. 

Concerted use of NATO force, favored 
by the Clinton administration if th? Serb* 
do not stop their offensive at onc> ..■.ulc 
put the UN peacekeeping opera L:-. ■; ;.n ti 
perhaps relations with Russia ri«:. 

But another compromise suer 
that prevailed at Srebrenica. .-lore -t.-l 
Gorazde, other Muslim enclaves t. e were 
ultimately rendered powerless b Sc. hi..:: 
attacks, might merely prolong th-.: r . 

suggesting the alliance lacks Ow. -.-n v; ra- 
tion. 

Formally, the United State* 
the extension of the Bihac sale a;-.- 
Thursday by about 6 kilometer* ;* 
its complete demilitarization. 
the guarantee or safe passage cs. : r. i: :r 
Muslim-led Bosnian troops' ami j.\ ulti- 
matum to Serbian forces to withdraw from 
the safe zone or face air strikes. Western 
officials said. 

But the proposal met resistance because 
France, the largest contributor to the UN 
force, with about 6.000 men. wanted to 
know what troops would police this newly 
extended safe area, remote from the UN 
militaiy headquarters in Sarajevo. 

Beyond this debate, however, a deeper 
one raged Thursday between the United 
States, West European powers and the UN 
military commanders in Bosnia, the offi- 
cials said. 

If NATO was compelled to use force 
again, the United States argued for a wide- 
ranging air attack against the Bosnian 
Serbs that would include, or perhaps even 
be confined to, targets outside the Bihac 
area, a senior official said. 

“We don’t want to carpeL-borab Pale," 
he said, referring to the self-styled capital 
of the Bosnian Serbs. “But we would not 
be averse to seeing a fuel dump or an 
ammunition dump go up somewhere, be- 
cause we believe it would focus the Serbs’ 
minds. And we don’t believe they are crazy 
enough to harm the United Nations peace- 
keepers.” 

The justification for such action would 
be that the Serbs have encroached on a safe 
area and threatened UN troops there, so 
hitting any military target likely to reduce 
the Serbs' ability to wage war is justified. 

But the commander of UN forces in 

See BOSNIA, Page 4 


For Japanese , AU Is 6 Confusion 9 in the Latest Political Free- for- All 


By James Stemgold 

New York Times Service 

TOKYO — The political earthquake that ended 
nearly four decades gb one-party government in Japan 
last year had settled in recent months into a period of 
quiet maneuvering over who would control the slow 
reconstruction of the country’s political order and 
how much the economy would be opened. 

But suddenly the apparent calm has been shattered, 
with the conservative rebels who brought down the old 
system 18 months ago voting to dissolve their new 
parties in a kind of parliamentary free-for-all and the 
Socialists, led by Prime Minister Tomiichi Murayama. 
on the verge of splitting because of a deep ideological 
rifL 


The world’s second-largest economy is suddenly 
heading toward a period of deepening political tur- 
moil just as the Parliament has introduced a new 
election system that is bound to change its character. 

One of the few remaining certainties is that the 
Parli amen t appears likely to vote for Japan’s entry 

NEWS ANALYSIS 

into a new world trading system within the next 
several weeks. But beyond that, most observers in 
Japan expect greater upheaval. 

With tensions running high, Mr. Murayama has 
reportedly agreed to cancel an important visit to 


C hina in mid-December so that he can devote himself 
to preserving his party. 

In one of the most potent symbols of the reordering, 
the Japan New Party of former Prime Minister Mori- 
hiro Hosokawa, whose formation prefigured this ex- 
traordinary realignment of Japanese politics, has vot- 
ed to disband. And Thursday, the remaining 
conservative and centrist opposition parties con- 
firmed they will dissolve by early next month, closing 
a brief but interesting period. 

“What we did had great significance, because we 
proved there can be a change of government in Ja- 
pan," said Tsutomu Hata, the leader of the opposition 
Japan Renewal Party and prime minister for a brief, 
turbulent period last spring. 


Together, these groups said they would form a 
loose-knit party, to be called the New Progressive 
Party. They vowed to unite to bring down the present 
governing coalition, consisting of the Socialists and 
the rightist Liberal Democratic Party. 

But shortly after forming the new party, several 
opposition leaders admitted that it was likely to be 
temporary and would probably disband soon, perhaps 
after the next election. 

“In a way, this is a transitional step," said Kazuo 
Aichi, a former defense minister and a leader of the 
nascent party. “This group has not exactly agreed on a 
platform. Rather, this resulted from a number of 

See JAPAN, Page 7 


How Argentines Domesticated Their Once Coup-Prone Armed Forces 


By Calvin Sims 

New York Times Service 

BUENOS AIRES — Ever since Argentina’s defeat 
by Britain in the Falkland War in 1982, the armed 
forces have been in decline here, and President Carlos 
Sail Menem has virtually eliminated any threat of a 
future military coup through a series of steps since 
taking office in 1990. 

The Menem government has cut military spending 
in half, reduced the armed forces to 20,000 troops 
from 100,000, retreated from unprofitable military 
enterprises and abolished mandatory military service 
in favor of a professional force. 

The Argentine military, well known Tor violent 
coups and political ambition, has become innocuous. 


perhaps the army most subordinate to democratic rule) 
in South America. 

Almost everyone here agrees, albeit with slight 
trepidation, that a return to power by tire military is 
highly unlikely. 

“They no longer wield the power they had 5 or 10 
years ago," said Martin Abregu, director of the Center 
for Legal and Social Studies, a human-rights group 
here. 

Government officials said the future role of the 
military in Argentina was most likely to be limited to 
guarding the 2,150-mile frontier, combating terrorism 
and joining international peacekeeping missions. 

“We intend to professionalize the military to give it 
a new look, a new role in our society, * Defense 
Minister Oscar Honor Camiiion said in an interview. 


“It’s a role that we are still defining, but one that will 
show our citizens that the military can be a construc- 
tive force.” 

Mr. Menem has gone out of his way to keep top 
military brass happy during the dismantling of the 
military establishment. He has granted broad pardons 
to officers on trial for rights abuses and to military 
personnel and civilians who took part in past upris- 
ings. 

In recent weeks, Mr. Menem has angered human- 
rights groups by telling Argentines “not to look back” 
on the rights abuses committed during the “dirty 
war," the military junta’s fight against leftists in the 
1970s, and by praising the military's role. 

Mr. Menem, who himself was imprisoned for five 


years by the military, said his incarceration gave him 
“more authority than many to talk about tins.” 

Horatio Jaunarena, a member of Congress and 
defense minister under Mr. Menem's predecessor, 
Raul Alfonsin, thinks that Mr. Menem has gone too 
far. 

“By dismissing the human-rights abuses as a thing 
of the past, Menem is trying to make up for what he 
can’t give the military in increased funding,” he said. 
“But to do this is a mistake because this country is not 
yet ready to forget the past. We are still in the healing 
process. 

Throughout its history, Argentina has been domi- 
nated by military governments with a record of hu- 

See ARMY, Page 7 


Gray Swftie/l and 







Page 2 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25 , 1994 


From Bad to Worse for Health Care in Eastern Europe 


WORLD BRIEFS 


By Jane Perlez 

New York Times Service 

CONSTANTA, Romania — In 
the shabby maternity ward of the 
county hospital here. Dr. Veronica 
Niculescu threw a greasy slab of 
brown soap onto a table. Crudely 
made from cheap fat, the soap 
smelled like a barnyard. 

"This is the only soap we have, and 
it has no disinfectant properties.'’ she 
said with disgust- ‘|We are told by the 
government: hospitals and medicine 
are not productive, so you get no 
money from us.” 

The hospital had run out of rubber 
gloves, ana there was no money in 
the budget to pay for heat this winter, 
she said. 

Romania’s health tystera is proba- 
bly the poorest in Eastern Europe 
and has suffered one of the sharpest 
declines since communism collapsed 
in 1989. But all over the formerly 
Communist region, financially 
strapped governments have neglect- 
ed health care and now face what 
experts are calling an unprecedented 
crisis. 

“The mortality and health crisis 
burdening most Eastern European 
countries since 1989 is without prece- 
dent in the European peacetime his- 
tory of this century,” Unicef said in a 
report issued in AugusL 

A surge in deaths, particularly 
among adult men, could be attribut- 
ed to the erosion of medical services, 
widespread poverty and stress, the 
UN report said. At the same time 
that services were declining, the ef- 


fects of smoking, pollution and diets 
heavy with fat were leading to more 
illness, i* added. 

A World Bank assessment this fall 
concluded that the health situation 
was so bad in much of Eastern Eu- 
rope that it was beginning to affect 
the ability of some countries to com- 
pete on the world market. 

The Czech Republic is the only 
East European country where at- 
tempts have been made to change the 
medical system from the Communist 
model and where the mortality rates 
have not risen. 

Many patients say that health care 
during the Co mmunis t era was far 
from perfect, and indeed, often a 
scary procedure. But at least, they 
say, it was basically free, with addi- 
tional bribes usually being not much 
more than a box of chocolates or 
flowers for the doctor. 

Technically, health care in the for- 
mer East bloc countries remains free. 
But in many cases, patients complain 
that payments to doctors are now 
expected in cash — and in substan- 
tial amounts. Only in the Czech Re- 
public has a system been set up 
where doctors can open a private 
practice and their patients can get 
insurance reimbursement. 

The gap in health care systems 
between the former Communist 
countries and Western Europe is 
“wide and growing,” said Alexander 
S. Preker, who wrote the World Bank 
report. 

The economic consequences, as 
well as the h uman tragedies, involved 


in poor health care have drawn sud- 
den attention in Eastern Europe as 
these landings have come to light: 

• Surprisingly, it is not the very 
young or the old who appear to have 
suffered most from the creaking 
health systems, but rather working 
men between the ages of 20 and 59. 
The death rate among men. suffering 
from cardiovascular problems and 
cancers, has soared in all countries 


rope say they feel helpless about the 
medical care they receive. 

Helena Gasiorowska, a 58-year- 
old grandmother who retired early 
from her bookkeeper's job in War- 
saw because of eye problems, has 
been created for glaucoma since 
1987. She has had three operations. 


surgeon’s monthly salary from the 
government, she said. 

“If we didn’t bribe, the doctor 
wouldn’t operate,” she said, adding 
that the family provided medicine 
and syringes. 

In some cases, where patients can- 
not afford to pay the nurses for spe- 


But each time she has been treated — c * a i 


The gap between 
West and East is 'wide 
and growing.’ 


in one of Warsaw's better hospitals 
— the doctors use the same antiquat- 
ed diagnostic equipment, she said. 
“Even the doctors complain about 


At the Constanta County Hospital 
daring the summer, a poor couple 
could not afford to pay $1.15 for 
imported cigarettes for the nurse who 


even cnc ™ ^.7.7“-“ was supposed to feed their baby, who 
the equipment, she sauL Artere** bSrn with a deft palate. The 
operate she to s^mho^md ^ died. officials with an interoa- 
rooms with aghtbak“^ey were ^ ^ ^ ^ ^ 

always all occupied, she said. _ Doctors md hSil directors sav 


covered by the Unicef report, which 
included Russia and Ukraine, except 
in the Czech Republic and Slovakia. 

• Entitlement to a wide range of 
health services, which was consid- 
ered one of the mainstays of the 
Communist era, had begun to dimin- 
ish before 1989 and has eroded fur- 
ther since. 

• Bribery by patients to doctors 
and nurses was commonplace under 
the Co mmunis ts but has become 


even more pervasive m some coun- 
tries as state-run medical institutions 


pay doctors less than bus drivers. In 
Poland, a l«»Hing newspaper, Rzecz- 


Poland, a l«riing newspaper, Rzecz- 
pospdlita, estimated this month that 
one-fourth of aO the money spent 
annually in Poland on health care 


Hie price of the prescribed medi- 
cine, which should be paid for by the 
insurance system but is not, is be- 
yond her ability to pay from her 
monthly pension of about S150, she 
said. 

“1 have to buy a small tube of pills, 
which cost 600,000 zloty, and I have 
to *i*if«*- fo rm all the time,” (die said. 
That is about $25. “I worked for 36 
years, all the time paying an insur- 
ance premium, and now when I need 
health care I get nothing from it” 

In Romania, relatives of patients 
bring food and even basic medical 
equipment to the hospital. In compli- 
cated cases, surgeons are given hefty 
under-the-table payments to operate. 

I.fliana Miron, a 27-year-old social 
worker in Constanta, said her f amily 
had to pay unofficially the equivalent 


was spent by patients on “bribes and °f about $115 to a neurosurgeon in 


presents. 

Patients throughout Eastern Eu- 


Bucharest to operate on her father. 
The payment was about twice the 


tional adoption agency said. 

Doctors and hospital directors say 
they are losing faith in the medical 
systems in which they work. Doctors 
must cope with rundown equipment, 
some of which is so old it cannot even 
be repaired. In some places, the best 
hospitals do not have basic supplies. 

In the Czech Republic and Poland, 
the big specialist hospitals are in even 
worse shape. 

To little avail, proposals have been 
made in Poland and Hungary to 
overhaul the medical systems so that 
those who can afford to pay at least a 
little toward their health care do so. 
This would then enable those who 
cannot afford to pay to get belter 
treatment, experts say. 

But so far, these health care sys- 
tems remain much as they did under 
the last years of communism. “The 
belief that health insurance exists in 
Poland is a myth,” said Jacek Rusz- 
kowski, an adviser on health care 
reform to the World Bank in Poland. 


Corsican Separatists Ready to Talk 

Charles Pasqua that it would suspend all attacks against civi] 
hXiIand France and non-Coreican residents of the 

Mediterranean island. . , __ , . 

But it would continue to fight real estate developers and drug 
traffickers, it said. The front said it was waiting for a goodwill 
gesture from Paris that would indude freeing jafled Corsican 
separatists and willingness to consider SrantmgCoraca special 
^S^tenitory status. The front’s other branch halted violent 

actions last year. 

Dutch Artist Loses Legs to Car Bomb 

AMSTERDAM (Reuters) — Rob ScfaoUe, a leading Dutdt 
contemporary artist, lost his legs Thursday when a grenade m ba 
car exploded in central Amsterdam, the pohee said. 

The device went off just after Mr. 

The vehicle burnt into flames, filling the airrounding streets with 
‘ smoke. The police said they were baffled by a possible motive far 
the attack, the latest of several unexplained blasts m major Dutch 
cities over die past two months. 


Minority Parties Jockeying in Nepal 


KATMANDU, Nepal (AP) — With no single group getting a ■ 
majority in Nepal's election, a Communist alliance and the ruling . 
Nepali Congress party both claimed Thursday that they would , 
form the next government. . 

Man Mohan Adhikary, 72, leader of the Communist alliance, . 
said he bad “support from other political groups on the floor of - 
the house,” after meeting with King Birendra, the constitutional^ 
monarch. r? 

The president of the Nepali Congress, Krishna Prasad Bhat- * 
tarai, also met with the Vmg and said he could put together a. 
majority with die support of a pro-monarchy group. ' The National 
Democratic Party, winch has 20 scats, was talking with both larger 
parties. It said it would announce its intentions Friday. 


An Israeli Court Sentences 
Arab to Death for Bombing 


By Clyde Haberman 

New York Tima Semce 

JERUSALEM — In a rare 
action, an Israeli military court 
sentenced a Palestinian to death 
on Thursday for having 
planned a bombing that killed 
five Israelis and the bomber in 
northern Israel last April. 

It was the first time that a 
military court had called for 
capital punishment in a dozen 
years or more, Israeli civil- 
rights lawyers said, and they 
expressed doubts that this sen- 
tence would be carried out any 
more than three or four others 
that were ordered in the past. 

Israel has no death penalty 
except in cases involving Nazi 
war criminals and their collabo- 
rators. The only person execut- 
ed here was Adolf Echmaun. 
architect of the Nazi program 
to exterminate the Jews, who 
was hanged in 1962. 

John Demjanjuk, found 
guilty in 1988 of having been 
the Treblinka death camp 
guard known as “Ivan the Ter- 
rible,” was also sentenced to 
death. But the conviction was 
overturned by the Israeli Su- 
preme Court fast year, and Mr. 
Demjanjuk was allowed to re- 
turn to his home outside Cleve- 
land. 

Uri Dromi, a government 
spokesman, said official policy 
on capital punishment had not 
changed. Nevertheless, the lat- 


est court ruling, by three offi- 
cers on reserve duty, may reflect 
a growing frustration among Is- 
raelis with their leaders' inabil- 
ity to stop a wave of suicide 
attacks by Islamic radicals that 
has claimed about 30 Israeli 
lives in recent weeks. 

Prosecutors had recommend- 
ed a life sentence, but the judges 
on their own called for the 
death of the Palestinian, Said 
Badameh, 24, who was said to 
have trained the suicide bomber 
who blew up a bus in the central 
bus station of Hadera on April 
13. Mr. Badanieh, who is from 
Yaabed, a village near the 
northern West Bank town of 
Jenin, belongs to the Islamic 
Resistance Movement, com- 
monly known as Hamas. 

A week earlier, another Ha- 
mas member blew himself up 
on a bus in the northern Israeli 
town of Afuia, killing eight oth- 
ers. Both attacks, Hamas said in 
leaflets, were in revenge for the 
massacre of 29 Palestinian wor- 
shipers by an Israeli settler in 
Hebron Iasi February. 

Israeli radio quoted the three 
judges as saying that, while they 
knew international opinion was 
against capital punishment, 
they felt that long prison terms 
had failed to deter Islamic sui- 
cide attackers. 

“Maybe those three people, 
who come from the Israeli pub- 
lic, said, ‘We tried everything 


else — how about this?’ ” Mr. 
Dromi said. 

There have been calls in vain 
in the Israeli Parliament for the 
death penalty in terrorism 
cases. “This decision will gener- 
ate a lot of debate, but 1 think 
the Israeli public as a whole will 
reject capital punishment," Mr. 
Dromi said. 

Palestinians in the West 
Bank are tried by Israeli mili- 
tary courts, and Leah Zemel, a 
civil-rights lawyer, said she 
knew of at least three instances 
in which judges had sentenced 
defendants to death, including 
a man she had represented in 
tiie late 1970s. All the sentences 
were reduced to life prison 
terms by the military court of 
appeals, she said. 


On Golan: 
It’s Lost in 
Translation 


Sourcing 94 


One world. One source 

Olympia 28 November- 2 December. 


Over 200 companies from over 
30 countries including the Far East, the 
US, Eastern Europe and Latin America 
will be exhibiting at Global Sourcing '94. 

In a single day you can source new 
products and services, attend FREE 
seminars and discover more useful 
information from the many government 
bodies offering advice and guidance. 


Reuters 

BUENOS AIRES — Argen- 
tina blamed a translation error 
on Thursday for a diplomatic 
incident with Israel over its 
willingness to withdraw from 
the Golan Heights. 

President Carlos Saul 
Menem, visiting Damascus, 
was quoted as idling reporters 
that he had conveyed to the 
Syrian president, Hafez Assad, 
a message from Foreign Minis- 
ter Shimon Peres of Israel that 
Israel was willing to withdraw 
fully from the occupied areas. 

In Jerusalem, Mr. Peres 
quickly denied Mr. Menem’s re- 
marks, although he confirmed 
that there had been a message 
to Mr. Assad. Asked if the mes- 
sage included mention of a full 
withdrawal, Mr. Peres replied: 
“Absolutely not.” 

In Ottawa, Prime Minister 
Yitzhak Rabin of Israel also de- 
nied Mr. Menem’s remarks. 

Mr. Menem’s office made 
public a transcript of his re- 



2 Slain in Bash of Japanese Shootings - 

TOKYO (AP) — Two more people were killed and one was.’ 
wounded seriously Thursday as a rash of shootings continued, 
intensifying worries that illegal handgun ownership is proliferat- ‘ 
mg in Japan. 

The police reported four separate shooting incidents Thursday, ' 
including one in a hospital in southern Fukuoka prefecture m 
which six shots were fired into a patient’s room, live patient, a 
leader of an underworld group, was not wounded. 

In Osaka, a man was fatally shot in the head in a robbery at a 
finance company. Also in Osaka, the president of a jewelry' 
company was shot in the chest and seriously wounded near his ■ 
office. In Tochigi prefecture, north of Tokyo, die police reportedly 
found the body of a 27-year-old man shot in the face at his home. - 


For the Record 


Cashes between Is lami c fundamentalist demonstrators and Pal- 
estinian police in Gaza last week left 12 dead, the youngest a 13- 1 
year-old boy, according to a Gaza hospital. (AFP) 


TRAVEL UPDATE 


- . 




\icnx Framr-Pmoc nave died in a diphtheria epid 
LAUREATES IN SPAIN — Yasser Arafat with Prime Minister Felipe Gonz&lez in Lauda Air has inangmted 
Madrid. The PLO leader and Yitzhak Rabin of Israel were in Spain to receive a peace prize from Vienna. It will fly on Thu 
Hransday. Prime Munster Rabin said talks on Palestinian elections would reopen Monday, on to Sydney and Melbourne. 


Iberia Ground Staff Calls Stoppages 

MADRID (Reuters) — The ground staff of Spam’s state 
airline, Iberia Air Lines of Spain, called work stoppages Thursday 
in Madrid and Barcelona airports to protest management plans to. 
lay off 5,000 workers and sell assets to avoid bankruptcy. 

The Madrid staff agreed at a special assembly that they would ' 
paralyze the capital’s Barajas airport for two hours on Friday. 
Barcelona workers called an indefinite assembly for Monday 
morning, which would amount to a strike. 

Iberia’s board said Wednesday that the airline would start 
laying off workers starting on Monday if unions did not accept its 
restructuring plan, which involves a 15 percent pay cat 

Gambia said the country was safe for tourists and complained 
bitterly about British government advice to keep away from the 
West African country due to mounting insecurity. The British 
Foreign Office advised people on Wednesday not to travel to 
Gambia and told travel companies to bring tourists home. The; 
country’s military ruler overthrew the former president in July. • 
Troops loyal to the military leader crushed a countercoup attempt 
on Nov. 1. (Reuters) . 

Thick fog hampered air traffic in northern Italy and touched off 
chain collisions on highways. Flights were delayed or rerouted to 
other airports in Milan, Turin and Venice. (AP) 

Terr i tor ia l officials in Russia have declared a state of emergency 
in the Primorsky region of the country’s Far East, where 43 people 
have died in a diphtheria epidemic. (AP) ! 

Lauda Air bas ina ug urated a twice-weekly flight to Singapore 
from Vienna. It will fly on Thursdays and Saturdays and continue ■ 
on to Sydney and Melbourne. (AP) ■ 


Major Calls Bluff of a Band of Tory *Euro- Skeptics’ 


By John Damton 

New York Tima Service 

LONDON — Playing a high-stakes 


his office released a statement Thursday tended to head off suggestions that if votes. That means that a dozen or so . 
saying they would rise or fall together— Mr. Major were defeated Monday, he must defect from the two parties, or' 
a proposition labeled by the press as a could simply be replaced as party leader more if some of those defectors simply 
“suicide pact " and prime minister, avoiding a general abstain. 


game to try to whip his own back-bench 
critics into line, Prime Minister John 


critics into line, Prime Minister John 
Major said Thursday that his Conserva- 
tive government would resign and call a 
new election if it failed to win a parlia- 
mentary vote Monday on payments to 


“suicide pact.' 


“If the government were defeated, the election. 


government would resign and the prime Reuters quoted a senior 
minister would ask the queen to dissolve official as scotching 
Parliament,” the statement said. some right-wing cabii 

The threat to call an election is a holding out from otfa 
powerful one because the Tories, in him. “There is no que 


marks in Spanish which never 


showed the word “full” used in 
reference to an Israeli with- 


drawal. A presidential spokes- 
man said there had been an er- 


man said there had been an er- 
ror in the translation. 


For your FREE tickets contact Cathy Adams 
in London on + 44 71 490 3633. 


Global Sourcing '94 — the 
whole world of trade 
and commerce on your doorstep. 




“the original' 

Just tell the taxi driver, 
"Sank roo doe noo “ q 
5, rue Daunou Paris (Opera) 
» TeL: (I)4i6I.71.T4 . 


The move was intended to overcome a 
rebellion by so-called Euro-skeptics 
within the patty, those who are fighting 
to prevent Britain from mergin g more 
and more into Europe, as cafled for by 
the Treaty on European Union. 

The rebels, who have bedeviled Mr. 
Major for two years now, have seized 
upon what had looked HVc a perfunctory 
vote on Britain's contribution to the EU 
budget and turned it into a crisis for the 
government. 

The government has countered by 
turning the vote into a showdown. Earli- 
er this week, Mr. Major said the issue 
was one of confidence in his govern- 
ment. After consulting with his cabinet, 


election. Still, a leading Euro-skeptic, William ' 

Reuters quoted a senior government Cash, insisted that he was going to pro- 
offiriai as scotching speculation that pose an amendment that would hold op 
some right-wing cabinet members were the budget contribution until the Corn- 
holding out from offering full support to moos’ Public Accounts Committee was m 
him. “There is no question of the prime satisfied about spending procedure in'. 


power for 15 years, would undoubtedly minister resigning and an alternative the European UnionuHe said that he 
lose if one were held now. The latest prime minister being found,” the official had about 15 votes from fellow Conser- 
poll, published Thursday in The Times said vatives to bade it 

of London, shows that a modest recov- Despite the flurry of excitement at Bot Mr. Cash seemed to be ooenrne 


vatives to bade it 


\ more of London, shows that a modest recov- Despite the flurry of excitement at But Mr. Cash seemed to be opening 
for by ery for the Conservatives in the autumn Westminster, few people were willing to ground for retreat by saying that hewas 
has been reversed. The party is now predict Thursday that the government mainly interested in pressing a cam- 
id Mr. supported by only 24 percent of the would actually fall. paign for accountability, 

seized 1,833 adults sampled by MORL, Brit- A spokesman for the prime minister “Look, you know and I know that I • 

predicted Wednesday that the govern- have to take each stage in turn.” he said. ' 

rHMIt-'c Kill J .JJ.J UT>_ .1 _ _ Sr. ^ 


ain’s leading polling company. The op- 
position Labor Party has a 31-point ad- 
vantage. 


menr’s bill would go through and added “I’m saying that the battle is necessary.. 


In effect, Mr. Major is threatening the what the fuss was about. 


that in two weeks “everyone will wonder But of course I don’t want the govern - 


Conservative backbenchers that, like Mr. Major has a slender majority of New Treasury figures indicate that ■ 
Sampson, he can bring the temple 14 in the 651-member House of Com- Britain’s net contribution will rise to 
smashing down on all their heads. The mons. On votes such as this one, he can £3.55 tafllion(S5-57 billion) a year bv the. 
tact that the cabinet was said to be usually count on the support of the UI- end of the decade from £L5 billion a- 
unammously behind the move was in- sier Unionist Party, which has nine year currently. 


menl to fall and I’ve made that clear” 
New Treasury figures indicate that - 


unanimously b ehin d the move was in- 


To call from country to country, or to the U.S., dial the WorldPhone® number of the country you're calling from. 




Antigua 

{Available horn public 
Argentina* 

Austria! CC I* 

Bahamas 

Bahrain 

8dgium«ri* 

Bermuda-i- 

Boflvta* 

Brazil 

CanadriCa 
Cayman Islands 
ChiU* CO 
Colombia) co* 

Costa Rica* 

Cyprus* 

Czech RepubfirtCCi 


card phones only.) 02 
001-800-333-1111 
022-903-012 
1-800-824-100(1 
600-002 
0800-10012 
1-600-623-0484 
0-800-2222 
000-8012 
1-800-888-8000 
1-800-824-1000 
00* -03 16 
960-18-0001 
182 

08090000 
00-42-0001 12 


Dan mark ICO* 
Dominican Republic 

Ecuador* 

Egyprico* 

(Outside of Cairo, dial 
H Salvador* 
FmtamSCO* 
FrancaKXi* 

Gambia* 

Gemwtytca 
(Limited availability in 
GreecriCO* 

Grenada* 

Guatemala* 

Haiti ICC H- 
Honduras* 

Hungary! co* 


8001-0022 

1-800-751-6624 

170 


02 first) 355-5770 

195 

9800-102-80 
ISv-00-19 
00-1-99 
0130-0012 
eastern Germany.) 

00-800-1211 

1-800824-8721 

18S 

001-800444-1234 
001-800674-7000 
00* -80001 411 


Iceland* 

b"*jrv+ (Sped 

Ireland) CO 

kraaKCQ 

ItalytCO* 

Jamaica 

Kenya 

(Available from most major atiea.) 


999-002 
(Special Phones Only} 
1-80055-1001 
177-1502727 
172-1022 
800-674-7000 


Kuwait 
Lebanon) CO 

(Outside of Beirut dial 01 first.! 
Liechtenstein) CO* 

Luxembourg 

Mexico* 

MonacoiCO* 

Nattier) ends) co* 

Netherlands AntiHes(CCH- 


BOOMCliaOO-624} 
600-821 
425-036* 
155-0222 
08000112 
95-B0O874-70Q0 
19* -0019 
00022-91-22 
001 800 950-1022 


NtearaguatCC) 

(Outside of Managua, 
NorwaylCO* 

Panama 
Military Bases: 
Paraguay* 

Peru (Outride of Lima. 

Poland) CC) 

PortugallCa 
Puerto RlcoHCa 
Qaum CCV* 
RomaniaicCH. 
RuutoCCH- 
Son MarfmxCO# 

Saudi Arabia 

Slovak Republic ICO 

South AfrtCBtCQ 


, dial 02 first.) 186 

80019912 
108 

2810108 
008-11-800 
tfiaf 190 flrat .1 001 - T 90 

Or-OI -04-900222 
00017-1234 
1-800888-8000 
0800012-77 
01-8001800 
8V10-800 -497-7222 
172-1022 
1-80011 
0042-000112 
0800800011 


Sprint cxi 
Sweden (CO* 

SuritzariandtCO* 

Syria) CO 

Trinidad & Tobago (Sc 

Turkey* 

(Ante* 

United Arab Emirates 
United KingdonHCO 
To call the U.S. using BT 
To call tho USL using MERCURY 
To call anywhere other 
than the U.S. 

Uruguay (Collect not available.) 
U.S. Virgin Mends) CO 
Vatican CKylCCl 
Venezuela** 


90099-0014 

020795-922 

755-0222 

0800 

(Special Phones Only) 
00-8001-1177 
8*10-013 
800111 


0800-89-02227 

050089-02227 


0500-800-800 

000412 
1-800888-8000 
172-1022 
BOO-1 1140 


Us* your MCI Card. 0 local telephone card or eafl collect-all at the same low rates, 

— {CO Country -i o-couritry coDing available. Mey not be available to/from all international locations. 

Certain restrictions apply. + Limited availability. TWah for second dial tona. A Available horn 
lad ATE L public phnftes only. Rate depends on call origin in Mexico, t International communi- 
" cations carrier. * Not available from public pay phones. * Public phones may requite deposit of 
Vi**/ Min or phone card tor dial tone. 




ONT Let It Take You Around the World. 


Imprime par Offprint. 73 rue dc i'Evangile. 7JPW Paris. 






i 


I'l-S* 

' .til’ 1 

IT- ■ 






l;i * 


‘s i*M ; >■. 

L h \ ■■ -. 


4 . •• S- 


. f « 

M f r . 










- - - . iJ; 




t*s 




I> V“ 


f! v ■• 

il* i*-.. s - 




miAMERICAS/ 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 




A Mexican Civil War 

Among Politicians 


SaUiMsk Using Murder Case 
To Counter Foes of Reforms 


U.S. to End 
Asyhimfor 

Salvadoran 


By Tod Robberson 

Washington Past Seance 

MEXICO CITY — President 
Carlos Salinas de Gortari ap- 
peals to have declared war on 
hard-line adversaries within hie 
own jjarty, using the Sept, 28 
assassination of a senior party 
leader as an excuse to root out 
foes who impeded his reform 
programs. 

Mr. Salmas had unleashed 
his deputy attorney general. 


NEWS ANALYSIS 


Mario Ruiz Massieu, who re- 
signed Wednesday, to investi- 
gate allegations of corruption, 
conspiracy and a possible cov- 
er-op in the assassination of the 
governing Institutional Revolu- 
tionary Party’s secretary-gener- 
al, Jos£ Francisco Rnlz Mas- 
sieu, the deputy attorney 
general’s brother. 

During his sax-year presiden- 
tial term, which ends in less 


more surprises” like the Ruiz 
Massieu assassination. 

In a combination resignation 
speech and report Wednesday 
on a two-month investigation 
into his brother's killing, the 
deputy attorney general repeat- 
edly cited the support he had 
from Mr. Salinas as he leveled 
accusations at some of the most 
powerful political figures in the 
country. 

He charged that Attorney 
General Humberto Benitez 
Trevino; the party’s president, 
Ignacio Pichardo Pegaza, and 
the new party secretary-general, 
Maria de los Angeles Moreno, 
conspired to block the assassi- 
nation inquiry. 

Mr. Ruiz Massieu also con- 
cluded that his brother was as- 
sassinated for political pur- 
poses but with financing and 
support from an international 
drug cartel. 

One question observers have 
been asking ever since a feud 


Refugees 


than a week, with the inaugura- broke out Nov. 14 between Mr. 
don Dec. 1 of Ernesto Zedillo Ruiz Massieu and the govern- 


Pon.ce de Leon, Mr. Salinas has 
engaged in an almost daily bat- 
tle against arch-conservatives 
within his party. 

The conservatives have typi- 
cally viewed Mr. Salinas’s wide- 
ranging program of political 
and economic reforms as a di- 
rect threat to the party’s 65- 


ing party leadership was how 
the deputy attorney general had 
virtually unrestricted access to 
the media to make his accusa- 
tions without any intervention 
from Mr. Salmas' 

Mexican news organizations, 
particularly television news- 
casters, typically submit to cen- 


year, unbroken control erf the sorshjp or indirect government 


federal bureaucracy. 

Many of the conservatives 


control as a means of maintain- 
ing financial support from the 


ui uiv wuauraurM o _ — rr ■ --w— 

have amassed huge personal presidency. 

fortunes using the Institutional . I® Mr. Ruiz Massieu’s case. 


Revolutionary Party's nation- b®* remarks not only were car- 
wide control over unions and verbatim on television, ra- 
s tale-owned enterprises to ex- and in newspapers, but he 
tract bribes and other forms of also was offered logistical and 
political tribute. financial support by the presi- 

One foreign analyst said the dem-y forhis investigation, 
current turbulence on Mexico's According to a report Satur- 

.... _ T • .1 W - . 1 _ > 


lluicui tin uuicuuc uii mcAiw a - e ^ 

political scene was to be expect- day in Lhe Mexico City dally La 
ed given the current tensions Jornada, the public attacks by 
caused by Mr. Salinas’s re- Mr. Ruiz Massieu amounted to 
forms. Should Mr. Zedillo con- a “settling of old scores" be- 


IWIUL3. ^HIVUIU JTJU- 4AAI1UU WVU" “ O ” . f " 

tin lie at the same pace, the ana- tween Mr. Salinas and anti-re- 
lyst said, ”1 think we can expect form conservatives in his party. 


Erick Hawkins Dies, 
U.S. Dance Pioneer 


By Anna Kisselgoff . 

Sent York Tisna Service 

NEW YORK — Eridc Haw- 
kins, 85, a major figure in 
American modem dance whose 
flowing dance idiom and har- 
monious works celebrated the 
human body and nature rather 
than the tensions of con tempo- 
rary life, died of prostate cancer 
here Wednesday. 

Mr. Hawkins’s credo was 
“Tight muscles don’t feeL" Un- 
til a decade ago, his own danc- 
ing exemplified his ideal. Physi- 
cally fit, with striking, craggy 
features, he soared with seem- 
ingly no effort into the melting 
leaps that were bis trademark. 

Finn in his belief that danc- 
ers courted injury through what 


dancers. He was then a student 
at Harvard College. 

When Chanler Post, one of . 
his professors at Harvard, criti- ■ 
rized the borrowing of architec- 
tural styles from Europe and 
the past, Mr. Hawkins foand a 
concept that he applied later to 
his cardinal belief that Ameri- 
can dance should come out of 
the American experience. 

He moved to New York in 
1934 and went to the School of 
American Ballet, founded that 


t } f;; he perceived as the artificiality 
' p 1 " of ballet technique and the per- 
1 cussrveness of earlier modem 


dance idioms, Mr. Hawkins ar- 
rived at a system of “self -sens- 
ing" in training dancers. 


Typical Hawkins dances, in- 
cluding “Plains Daybreak," 
generally considered a master- 
piece, were free of negative ex- 


pression. A student of Zen, Mr. 
Hawkins declared that an artist 
Should be a priest who brings 
the audience to enlightenment. 

Other acclaimed works in- 
cluded “Eigftt Clear Places". 
“Black Lake*" “Lords of Per- 
sia,” “Cantilever Two," “Geog- 
raphy of Noon” and “New 
Moon ” Much of his repertory 
had hi ghl y ori ginal and vibrant 
scores by his wife, Lucia Dlu- 

goszewski, a composer who col- 
laborated with him from 1952. 

Many of his dances had a 
sensibility derived from Asian 
theater or American Indian rit- 
uals. He also drew from Greek 
myth' or American folklore and 
created many plotless works. 

Erick . Hawkins, whose full 
name was Frederick Hawkins, 
was born in Triin dad, Colora- 
do, cm April 23, 1909. 

He decided to become a 
dancer after seeing a New York 


concert in the . 1920s by Harald 
Kreutzbere and Yvonne 


Kreutzberg and Yvonne 
Geotgi. the German modem 


Lincrim Kirstein. He danced 
from 1935 to 1937 in the Ameri- 
can Ballet, the first Balanchine- 
Kirstein company. 

After the collapse of that 
company, Mr. Kimrin started 
another, Ballet Caravan, which 
emphasized American themes. 
It was for that troupe that Mr. 
Hawkins choreographed his 
first ballet in 1937: “Show 
Piece," with a commissioned 
score by Robert McBride. 

The Bennington School erf 
the Dance at Bennington Col- 
lege in Vermont had provided a 
residency for Ballet Caravan, 
and it was there that Mr. Haw- 
kins met Martha Graham. He 
remained with Ballet Caravan 
until 1938, when Miss Graham 
invited him to appear as a guest 
in her major production, 
“American Document” 

Mr. Hawkins became the 
Graham company’s first male 
dancer, joining officially in 
1939. The personal relationship 
that he ana Miss Graham devel- 
oped was well - known in the 
dance world, although they 
were married only in 1948. 

The marriage eventually suc- 
cumbed to the strains of com- 
peting artistic egos, Mr. Haw- 
kins left the Graham company 
in 1951 to work independently, 
and they were divorced in 1954. 

In 1957, Mr. Hawkins 
formed the Erick Hawkins 
Dance Company, an outgrowth 
of a group with which he 
worked since 1951. 

Mr. Hawkins received the 
Medal of Arts from President 
Bin Clinton at the White House 
on OcL 14. 


A* El 


i-53 

&s: 





s 'rfltOKj. 


By Roberto Suro 

Washington Post Service 

WASHINGTON — The 
Clinton administration is pre- 
paring to end a program that 
offered temporary refugee sta- 
tus to tens of thousands of Sal- 
vadorans who fled their home- 
land during the civil war, 
obliging them either to return 
home or face a slate of legal 
limbo. 

Although a final decision will 
not be announced until early 
December, administration offi- 
cials said it appeared to them 
politically impossible to extend 
the program, given popular de- 
mand for a tougher line on im- 
migration issues. 

In addition, some officials 
said they favored the move as a 
way of demonstra ting that the 
government was capable of ter- 
minating temporary refugee 
programs that often seem to be- 
come permanent over time. 
They cited special provisions 
for Jews from the former Soviet 
Union and for Vietnamese 
“boat people" as other exam- 
ples of programs that were de- 
signed to be temporary but re- 
mained intact. 

About 200,000 Salvadorans 
were first granted “Temporary 
Protected Status” in 1990 under 
legislation that allowed them to 
remain in the United States *nri 
work legally, but did not ad- 
vance them toward permanent 
residency as immigrants. In one 
form or another, the program 
was extended twice by the Bush 
administration and once more 
by President Bill Clinton. 

When the latest order expires 
on Dec. 31, the Salvadorans wifl 
no longer need protection in the 
United States, administration 
offi cials say, because the politi- 
cal situation in their country 
has stabilized since a truce in 
1992 ended the 10-year civil 
war. 

That view has also been 
pressed by some powerful Re- 

S ublicans. Senator Alan K. 

impson of Wyoming, who is to 
become chairman of a Senate 
immigration subcommittee, has 
complained about temporary 
refugee programs that seem to 
become permanent. 

"“In El 'Salvador, they came 
here because five factions were 
going in and chopping each oth- 
er to pieces,” Mr. Simpson said 
in a speech in May on the Sen- 
ate, floor. “And now that is all 
over. You have democratic elec- 
tions. Have one of them gone 
back? Not one." 

A half million or more Salva- 
dorans entered the United 
States, most of them illegally, in 
the face of widespread human 
rights abuses by the Salvadoran 
Army, which was trained and 
equipped by the United States, 
and by leftist insurgents. The 
vast majority were denied polit- 
ical asylum at the time. Subse- 
quent lawsuits revealed that the 
proceedings had been biased 
against them 

There are no hard estimates 
of the number of Salvadorans 
who remain in the United 
States under temporary status, 
but they represent a last legacy 
of the bitterly disputed era of 
U.S. involvement in Central 
America. 

■ UN Vote cm El Salvador 
The Security Council voted 
unanimously to extend the 
mandate of its observer force in 
El Salvador for a final six 
months, but said many mea- 
sures of the country’s peace ac- 
cord remained unfulfill ed. The 
Associated Press reported 
Thursday from the United Na- 
tions in New York. 

“The council recognizes that 
El Salvador has moved far : 
enough down the road to peace, 
and reconciliation to continue 1 
without the presence of a Unit- 
ed Nations peacekeeping mis- 
sion,” the U.S. delegate. Made- 
lone K. Albright, said after the 
vote Wednesday. 



Creu Pr»ii/Rancf» 


NEW ENTRY — The 68th animal Macy’s Thanksgiving Day Parade got under way 
Thursday In New York with die debut of Barney, the purple television character. 


Dole Extracts Promise From Helms 


To Mind His Senatorial Manners 


By Helen Dewar 

Washington Pest Service 

WASHINGTON — Bob 
Dole, the incoming Senate ma- 
jority leader, says Senator Jesse 
Helms has assured him that he 
will avoid the kind of provoca- 
tive comments that created an 
uproar when Mr. Helms said 
President Bill Clinton “better 
have a bodyguard” if he visits 
military bases in North Caroli- 
na. 

Mr. Dole. Republican of 
Kansasrsaid in- a broadcast in- 
terview that he had told Mr. 
Helms, the North Carolina Re- 
publican who is set to take over 
the Senate Foreign Relations 
Committee in January, that “we 
just hoped it wouldn’t happen 
again" and that Mr. Helms 


Mr. Dole also said Mr. 
Helms expressed regret for hav- 
ing made the comment, which 
goes beyond Mr. Helms’s state- 
ment on Tuesday that he had 
made “a mistake" in a making 
the comment to a North Caroli- 
na newspaper reporter. 


manship. which he is in line to 
assume under the Senate’s se- 
niority rules. 


Mr. Dole said Mr. Helms 
told him in a telephone conver- 
sation earlier Wednesday that 
he made the remark in jest and 
that the reporter had said he 
had interpreted the comment 
that way. 

“I reminded him that now 
that you’re the chairman, or will 
be the chairman, even things 
you say, sometimes jokingly or 
in jest, are taken seriously," Mr. 
Dole said. 


“I couldn’t do that if I want- 
ed to; I don’t want to” Mr. 
Dole responded. “My view is 
that it is over. It probably 
shouldn’t have been said, even 
in jest, and ! hope it’s not said 
again." 


Mr. Dole’s comments fol- 
lowed calls for an apology from 
Mr. Helms from several Demo- 
cratic senators and at least one 
Republican, Senator Hank 
Brown of Colorado, a member 
of the foreign relations panel. 


Another Republican com- 


mittee member, Larry Pressler 
of South Dakota, said: “As a 


’‘In essence, I think we 
agreed it wouldn’t happen 
again," Mr. Dole said. 


In a subsequent interview, 
Mr. Dole rejected suggestions 
that he lead an effort to deny 
Mr. Helms the committee chair- 


former lieutenant in the army, I 
very much disagree with his re- 
marks. It’s unwise for senators 
to suggest things like that.” 


Away From Politics 


da and northern California in 
1992 and 1993. 


• Alarmed by a rash of traffic 
accidents in New York involv- 
ing police cars. Police Commis- 
sioner William J. Bratton said 
he would require police officers 
to wear seat belts beginning 
Jan. 1. “I see the use of the seat 
belt as every bit as important as 


the use of the bulletproof vest,’ 
Mr. Bratton said. “I lose a hell 
of a lot more cops in injuries to 
auto accidents and failure to 


use seat belts than I do in shoot- 
ing incidents.” 

• A woman already in prison for 
shooting a Kansas abortion doc- 
tor was arraigned in Portland, 
Oregon, on charges she set a 
series of arson fires at abortion 
clinics across the West Shelley 
Shannon of Grants Pass plead- 
ed not guilty. She is accused of 
setting fires at right abortion 
duties in Oregon, Idaho, Neva- 


• A man who admitted killing 
Era Shoen, heiress to the U- 
Haul business empire, during a 
bungled burglary was sen- 
tenced in Montrose, Colorado, 
to 24 years in prison. Frank 
Marquis had said the August 
1990 killing was accidental. 

• Three people were arrested in 
a fight over rights to the land 
where the Branch D&vidian 
compound once stood near 
Waco, Texas. A woman was 


Monday 

MONDAY SPORTS 


Page 3 



+ POUT/CiL \OTESHr 


Whitewater Counsel Readies Indictments 


WASHINGTON — The special counsel in the Whitewater 
investigation. Kenneth W. Starr, is expected to seek indict- 
ments soon against a number of key figures in the financial 
scandal linked to President Bill Clinton’s Ozark real estate 
investment, according to sources close to the inquiry. 

Mr. Starr is said to be preparing wide-ranging indictments 
from a special grand jury in Little Rock. Arkansas, against 
some well-known political figures in the state, including 
Governor Jim Guy Tucker and Webster L. Hubbell. a former 
U.S. associate attorney general who was once a partner with 
Hillary Rodham Clinton in the Rose Law Firm in Little 
Rock. 

Also virtually certain to be named, according to these 
sources, are Mr. Ginton’s partner in the Whitewater deal. 
James McDougal; Mr. McDougal's former wife, Susan, and 
a number of lesser-known employees of the savings and loan 
that Mr. McDougal once owned. Madison Guaranty. 

Coming on the heels of a Republican election sweep, the 
indictments would add to Mr. Clinton’s political woes by 
refocusing attention on allegations that be benefited from 
Mr. McDougal's efforts to finance their joint real estate 
venture in the Ozarks with cash from the savings and loan. 

At the While House, an administration spokesman said he 
was unaware of any impending indictments. ( LA T ) 


Senator Warns on Packing Civil Service 


WASHINGTON — Senator William V. Roth Jr., Repub- 
lican of Delaware, has warned the Clinton administration 
against abusing the law that allows legislative aides to get 
jobs in the career civil service and asked the General Ac- 
counting Office to monitor federal personnel practices during 
Capitol Hill's transition from Democratic to Republican 
control. 

Mr. Roth expressed concern “about potential personnel 
abuses" during a time when the government is trying to 
eliminate 272,900 civil-service jobs. Mr. Roth is in line to be 
the next chairman of the Senate Governmental Affairs Com- 
mittee. which oversees federal personnel and management 


issues. 

More than 2.000 Democratic staff members will lose con- 
gressional jobs in January when Republicans take control 
and reorganize committees and offices. Under the 1940 
Ramspeck Act, congressional staff members who lose their 
jobs involuntarily can bypass the traditional civil-service 
hiring procedures and obtain speedy appointments to career 
jobs in federal agencies. 

“While I do believe the Ramspeck Act has a legitimate 
purpose, the federal government should not be able in this era 
of downsizing to accommodate a large influx of displaced 
Capitol Hill staffers regardless of their qualifications.” Mr. 
Roth said. 

Last week. White House officials, responding to similar 
concerns raised by House Republicans, dismissed as “non- 
sense" any suggestion the administration would try to pack 
the civil service with Democrats. 1 1 i'P) 


Republicans Control California Assembly 


SACRAMENTO, California — With fewer than 23.000 
absentee ballots to be tallied. Republicans have emerged as 
winners of 41 California Assembly seats, spelling the end of a 
25-ycar reign of Democrats in the lower house, election 
officials reported. 

The late absentee count showed, however, that Democrats 
did manage to retain an edge in the California congressional 
delegation by a 27-25 seat margin, as Representative Jane 
Harman of Rolling Hills, a Democrat, eked out a victory by 
fewer than 800 votes over her Republican challenger. Susan 
Brooks. A spokesman for the state secretary of state said no 
results from the No\. 8 election would change, although 
some ballots continued to be counted in some counties. 

■*It’s done as far as we're concerned.” the spokesman said. 

More than 8.8 million people cast votes statewide in the 
Nov. 8 election. Turnout was 60.1 percent, the highest there 
for a nonpresidential election since 1982. 1 LA T 


Quote/Unquote 


Paul Begala. a Clinton aide, on reports that some Demo- 
crats do not want Mr. Clinton to head the ticket in 1996: 
“They’re just flat out wrong. This party's got a whole lot of 
problems, but our president is our greatest strength." t H P/ 


jailed on weapons charges after 
she fired a gun into the air as 
three men confronted her on 
the property. Two of the men, 
who were armed, also were 
jailed on weapons charges. The 
McLennan County sheriff. Jack 
Harwell, said the shooting was 
one of several recent disputes at 
the 71-acre (30-hectare) site. 
“This will be an ongoing thing 
until something is settled about 
the property rights,” he said. 

• An army depot in California 
shipped phrtoahmi by air via 


Federal Express in violation of 
federal rules, the Energy De- 
partment says. Less than a 
pound of the highly radioactive 
dement used in nuclear weap- 
ons arrived Nov. 7 at the Los 
Alamos (New Mexico) Nation- 
al Laboratory for disposal, the 
department said in a report. 
The army confirmed that it had 
erroneously shipped the pluto- 
nium by air Nov. 4, “because of 
a human error in marking the 
shipping instructions for the 
carrier" nit. ap 


ORLY- LONDON 
. from FF. 790 RT* 

4 flights daily 
1 si flight from Orly 7: 1 5 am 


In addition to the daily sports pages, Monday 
Sports is expanded to include full weekend 
results of international sporting events. On 
these pages, you'll find the outcomes of tennis, 
soccer, football, baseball, cricket, basketball, 
rugby, golf and many other sports. 

Every Monday in the International Herald 
Tribune. 



UI 

Scheduled Airline 
See your Travel Agent 
or call (Fans): 44 56 18 08 
•phuua 


'■M* 4 k INTERNATIONAL * f 

iietai^^toinDune 


VanGeef&Arpels 


■— «om im me it* wm mns un iu HORRe nr 


PARIS, GENEVE, BRUXELLES, CANNES. MONTE CARLO, MILANO. ROMA. BEVERLY HILLS. 
HONOLULU, NEW YORK, PALM BEACH, OSAKA. T0KT0, HONG KONG. SEOUL. SINGAPORE 


r 


THE NEWSPAPER OF RECORD FOR THE INTERNATIONAL MUTUAL FUND INDUSTRY 


Listings - Daily ★ Money Report - Weekly * Fund Performance Focus - Monthly 

REACHING PERSONAL INVESTORS IN OVER 180 COUNTRIES 


Hcralfc 


INTERNATIONAL 


ribune. 




ftvmira wm the kw tun ram im. »«*nunn ran 


OmySwlrortnixJ 



INTERNATIONAL HF.RA ID TRIBUNE, FRIDAY, NOVEMBER 25, 1994 





Tapie Empire Awaits 
A Key Ruling by 
Commercial Court 


Reutm 

PARIS — Bernard Tapie, the 
flamboyant French business- 
man and maverick politician, 
who was defeated in a court- 
room bid this week to keep his 
bankers off his back, faces a 
crucial court ruling on Friday. 

A commercial court will rule 
on the financial health of what 
remains of his industrial em- 
pire, which Crtdit Lyonnais 
says owes it more than 1.2 bil- 
lion francs (5225 million). 

If the court rules that the 
holding company for Mr. Ta- 
pie’s personal wealth and the 
management company Alain 
Colas Tahiti are in "cessation of 
payments," then it could order 
them to be placed in receiver- 
ship. 

In that case, Mr. Tapie would 
be technically bankrupt. That 
would bar him from sitting as a 
member of the French and Eu- 
ropean parliaments and dash 
his ambitions to run for mayor 
of Marseille neat year. 

Mr. Tapie suffered another 
setback on Thursday when a 
court ordered payment of 66.7 
milli on francs in taxes and fines 
because he had fraudulently 
registered his luxury four-mast- 
ed yacht, the Phocta, as a com- 
mercial vessel 

Mr. Tapie immediately ap- 
pealed against the ruling, which 
applied to himself, the yacht’s 


management company, Alain 
Colas Tahiti, and two of its for- 
mer bosses. 

But despite that and Wednes- 
days rejection of his plea that 
the French bank Cr 6 dit Lyon- 
nais had illegally tom up a five- 
year debt repayment deal, Mr. 
Tapie remained characteristi- 
cally upbeat. 

In an interview with the daily 
Liberation, Mr. Tapie insisted 
that a plan by the state-owned 
bank to auction his nth-centu- 
ry Paris mansion would not go 
ahead. 

“The sale of the mansion w31 
not take place," he said. “That’s 
not a prediction, it’s a certain- 
ty." 

Mr. Tapie, whose center-left 
Radical Party won 12 percent 
of the French vote in the Euro- 
pean Parliament elections in 
June, hinted this week that he 
might run for president next 
April. 

Not unaccustomed to com- 
plex legal wrangling, Mr. Tapie 
is fi ghtin g back with a host of 
countersuits and appeals, virtu- 
ally ensuring a lengthy delay 
before any conclusion. 

He will appeal against the 
ruling on the debt repayment 
deal thus suspending an order 
for him to pay Credit Lyonnais 
some 338 milli on francs until an 
appeals court gives its ruling. 


BOSNIA: Serbs Tightening Siege 


Continued from Page 1 

Bosnia, Lieutenant General Mi- 
chael Rose, and the British and 
French governments are wor- 
ried by the American proposal 
and UN officials here are 
scrambling to try to secure a 
cease-fire that would avert the 
need for more NATO action. 

General Rose went to Pale on 
Thursday for talks with Bosni- 
an Serbian leaders, despite the 
fact that Bosnian Serbian forces 
are in effect holding more than 
200 UN peacekeepers hostage 
in retaliation for NATO bomb- 
ing this week of an air base in 
Serbian-held Croatia and Bos- 
nian Serbian surface-to-air mis- 
sile systems northeast of Bibac. 

The talks were aimed at ex- 
ploring Bosnian Serbian pro- 
posals for a demilitarization of 
the Bihac pocket and a cease- 


fire there, UN officials said. 
They declined to give further 
details. 

The possibilities of a cease- 
fire in Bihac seemed remote. 
Although UN officials said Mr. 
Silajdzic initially expressed in- 
terest in the idea Thursday dur- 
ing a meeting with General 
Rose, the Bosnian prime minis- 
ter later dismissed the Bosnian 
Serbian offer as a camouflage. 

“This was obviously an in- 
strument to try to calm down 
the situation internationally so 
that the Serbs could advance 
more," Mr. Silajdzic said. 

For the Bosnian government, 
the dilemma of a cease-fire and 
demilitarization is that it would 
shift the balance of power in 
western Bosnia, just as the bal- 
ance of power was shifted in 
eastern 


SPEAKER: Gingrich’s Tarnify Values’ Belie Reality of His Own Life 


Goufmued from Page 1 
reer. He practically boasts of 

having grown up as an army 

brat, a rootless existence that 
started near Harrisburg and 
included stints in France, 
Germany and Fort Benning, 
Georgia. Today he counts two 
generals — Dwight D. Eisen- 
hower and George Marshall 
— among his top three heroes 
(Franklin D. Roosevelt is the 
third). 

He often points to a visit in 
1958, when he was IS, with his 
adoptive father to Verdun, the 
World War I battlefield, and 
its warehouse collection of 
bones, as the seminal moment 
in his political coming of age. 

“It is the driving force 
which pushed me into history 
and politics, and molded my 
life," he wrote in his 1984 po- 
litical manifesto, “Window of 
Opportunity ” 

The next day, he supposed- 
_ ly told his family he would run 
for Congress because politi- 
cians could prevent such mad- 
ness. 

The sense that he might 
save civilization seems to 
drive him still. “People like 
me," he said last year, “are 
what stand between us and 
Auschwitz.” 

Despite his interest in the 
military, Mr. Gingrich opted 
oat of tire service himself, tak- 
ing student and marriage de- 
ferments during the Vietnam 
War. Although he opposed 
the war, he was not vocal 
about iL 

But he was something of a 
liberal As a graduate student 
in history at Tulane Universi- 
ty, he led a protest against tire 
school a dminis tration for try- 
ing to censor pictures of nudes 
from the student newspaper. 
He also helped to coordinate 
Nelson A. Rockefellers 1968 
presidential campaign in Lou- 
isiana. 

As a young history teacher 
with a Ph.D at West Georgia 
College in Carrollton, Geor- 
gia, he started a program in 
environmental studies and 
taught a course about the fu- 
ture. 

But after he lost two races 
for the House, in 1974 and 
1976, he determined that he 
could get elected only by mov- 
ing further right Many who 
knew him in that period attri- 
bute his adoption of a conser- 
vative agenda and his exploi- 
tation of “family values" to 
his political ambition, not to a 
belief, at least at that time, in 
core conservative values. 

“When 1 first knew him in 



Mike Ttater' Renters 

As House speaker, Mr. Gingrich will be next in line of 
succession for the presidency after the vice president. 


the ’70s, when I was on the 
Atlanta Constitution’s liberal 
editorial board, and we were 
looting for a liberal to get 
behind, we. chose to endorse 
Newt Gingrich because we 
thought he was progressive 
and thought he was, to use the 
terrible L word, liberal" said 
Bill Shipp, who now writes a 
newsletter on Georgia poli- 
tics. 

“Why did he switch?" Mr. 
Shipp said. “Public opinion 
polls, what do yon think ? Lib- 
eral went out, conservative 
came in." 

Richard Dangle, who was 
dean of arts and sciences at 
West Georgia when Mr. Ging- 
rich taught there, said that as 
a “middle-of-the-road Demo- 
crat" he had supported Mr. 
Gingrich because he was 
“bright, young, reasonable 
and rational." Then, Mr. 
Gingrich moved to the right. 
“He said he had grown," Mr. 
Dangle said. “1 think his moti- 
vation was ambition and the 
need for power." 

When Mr. Gingrich finally 
won an open congressional 
seat in 1978, he ran a brutal 
campaign against his Demo- 
cratic opponent, state Senator 
Virginia Shepard, who he said 
did not have “family values ” 
If elected, Mrs. Shepard in- 
tended to commute between 
Washington and Georgia and 


leave her children in the care 
of a nanny. Mr. Gingrich ran 
a television commercial accus- 
ing her of breaking up her 
family. 

Mr. Gingrich won, but it 
was bis family that broke up. 

His divorce from his first 
wife, Jackie, has become part 
of the Gingrich lore and has 
b«n routinely resurrected by 
political opponents. 

Jackie Gingrich followed 
her husband to Tulane and, 
back in Georgia, worked dog- 
gedly on his campaign s. After 
his election in 1978. they 
moved to Washington, but 
ter. 


declined to be interviewed for 
this article. 

A few weeks before Mr. 
Gingrich filed for divorce, he 
called bis political aide and 
friend Kip Carter to talk 
about his marriage: Mr. Car- 
ter said he and other friends 
had been worried that the 
marriage was falling apart. 
Mr. Gingrich told him why he 
wanted a divorce. 

“He said: ‘She’s not young 
enough or preny enough to be 
the wife of a president. And 
besides, she has cancer.’ It 
sounds harsh and bokcv," Mr. 
Carter said, “but anyone who 
knows him knows it’s perfect- 
ly consistent with the kinds of 
things he says." 

Mr. Gingrich has adamant- 
ly denied saying any such 
thing - His supporters dismiss 
Mr. Carter as a disgruntled 
former aide who was miffed at 
not having been asked to ac- 
company Mr. Gingrich when 
be moved to Washington. 

Mr. Gingrich was supposed 
to pay $150 a month for each 
of his daughters and S400 in 
alimony to his fanner wife. 
Bui a few months later, Jackie 
Gingrich filed court papers 
saying that he had not provid- 
ed reasonable support for her 
living expenses and that some 
of her accounts were “two or 
three months past due." Some 
of her friends took upa collec- 
tion on her behalf. The court 
raised the child support to 
S200 a month per daughter 
and $ 1,000 in alimony. 

In an 1984 article in Mother 
Jones magazine, Mr. Gingrich 
was asked whether his private 
life had been consistent with 
what he said in public. 

“No,” Mr. Gingrich was 
, quoted as saying. “In fact J 
think they were sufficiently 


Kazakh Uranium 
Had Few Safeguards,’ 
U.S. Experts Found 


separated shortly thereafter, inconsistent that at one point 
By the end of his first term, he ^ 1979 and ] 980 t 1 began to 
•..j r qiiit saying them in public. 

One of the reasons 2 ended up 


had filed for divorce. 

His wife, who had started 
treatments for uterine cancer 
in 1978, underwent surgery in 
1980. A day after the opera- 
tion. Mr. Gingrich went to the 
hospital Since they had al- 
ready separated, he called 
Jackie’s room to see if he 
could come up. Once there, 
according to friends who 
knew them both, he began 
talking about the terms of the 
divorce. She has said that she 
threw him out of the room. In 
a few months they were di- 
vorced, and in 1981 be mar- 
ried his current wife, Mari- 
anne. Jackie Gingrich, who 
stiH teaches high school math. 


getting a divorce was that if I 
was disintegrating enough as a 
person that I could not say 
those things, then I needed to 
get my life straight not quit 
saying them. 

“And I think that literally 
was the crisis I came to. I 
guess I look back on it a little 
bit like somebody who’s in Al- 
coholics Anonymous. It was a 
very, very bad period of my 
life, and it had been getting 
steadily worse. I ultimately 
wound up at a point where 
probably suicide or going in- 
sane or divorce were the last 
three options." 


By R. Jeffrey Smith 

Washington Past Soviet 

WASHINGTON — When 
27 U.S. nuclear technicians 
landed six weeks ago in Ust- 
Kamenogorsk, Kazakhstan, 
they saw that a large cache of 
bomb-grade uranium there had 
been stored without any of the 
high-tech safeguards common- 
place at American facilities, ac- 
cording to UJS. officials. 

A long warehouse containing 
enough uranium to be used in 
20 to 25 nuclear weapons was 
situated in the middle of a 
sprawling nuclear and metallur- 
gical factory employing more 
than 14,000 people. But no 
chemi cal assays or radiation 
sensors were used to account 
for or safeguard the material 
instead, its presence or absence 
was simply noted by hand in 
record books. 

“The whole system was run 
by paper,” said Alex Riedy, a 
rn w-j frar engineer with Martin 
Marietta Energy Systems, a 
contractor to the Department 
of Energy. Mr. Riedy helped 
direct a successful U.S. effort to 
repackage the u ranium over the 
last six weeks so it could be 
shipped out of Kazakhstan to 
thwart its potential theft by nu- 
clear terrorists or other nations. 

Secretary of Defense William 
J. Perry on Wednesday bailed 
the secret operation as “a suc- 
cess story in counterprolifera- 
tion.” A total of 600 kilograms 
(1,320 pounds) of highly en- 
riched uranium, originally pro- 
duced in the Soviet Union, were 
shipped from Kazakhstan to 
Dover Air Force Base in Dela- 
ware in two C-5 military cargo 
planes last weekend and then 
shipped by truck to Oak Ridge 
National Laboratory in Ten- 
nessee. 

Mr. Perry said at a press con- 
ference that the United States 
had “put this bomb-grade nu- 


clear material forever out of the 
reach of potential black-marke- 
teers, terrorists, or new unclear 


DEAL: Gridlock Not a Certainty 


Continued from Page 1 

non, then by that of George 
Bush and only in the final 
stages by Clinton aides. 

Nor did the administration 
have to contend, in this 


m- 



• GUI) BBBEABS 


Why News 
ItavelsFast 

With 29 bureaus tracking the news 
plus satellite coverage that spans the globe, 

CNN sets the standard for immediate, credible 
and comprehensive reporting around the world. 

am 


INTERNATIONAL. 


far infomiuiiun regarding advertising opportunities, please contact 

Nan Richards in London 44-71-290-8000 
Lynne Krasdsky in Hong Kong 852-826-4525 
Nobi Hashimoto in Tokyo 8 1 -3-5466- 1 56 1 


DEBT: China’s Credit Questioned 


Continued from Page 1 
huge stakes in projects in Chi- 
na, both personally and 
through his conglomerates 
Cheung Kong (Holdings) Ltd. 
and Hutchison Whampoa Ltd., 
is voicing his concern. 

Mr. Li’s rags-to-riches story 
shows he is not averse to risk- 
taking, but China’s increasingly 
complex taxation system, red 
tape and frequent policy 
changes have prompted him to 
call upon Beijing to set up an 
independent business arbitra- 
tion system to settle disputes 
between foreign investors and 
Chinese authorities. 

Unclear lines of authority in 
China’s sprawling state indus- 
trial sector and a maddeningly 
opaque relationship between 
Beijing, provincial governments 
and the executives running in- 
dividual businesses have con- 
founded many foreign busi- 
nesses hurrying to strike deals 
in a fast-opening China. 

At the same tune, a vacuum 
of corporate discipline after the 
retreat of the state from hands- 
on management and the relative 
immaturity of China's own 
commercial legal system has 
fostered what some observers 
describe as a cavalier approach 
to contract law. 

“It’s an exaggeration to say, 
as some do, that the negotiating 
only begins after you’ve signed 
the contract in China,” said Ed- 
ward Epstein, a university lec- 
turer in Chinese law and a law- 


yer with Fred Kan & Company 
in Hong Kong. 

“The phenomenon is not 
uniquely Chinese, but perhaps 
it happens more there now be- 
cause they don’t have the West- 
ern legal culture that makes 
people see the benefits of abid- 
ing by contract," Mr. Epstein 
said. “Nor do they have the 
same kind of infrastructure for 
enforcing agreements.” 

China's huge need for inter- 
national capital and its decision 
to open more of its economy to 
the foreign investment has at- 
tracted swarms of bullish 
would-be dealmakcrs. 

But recent difficulties in 
managing its fast-growing 
economy and well-warranted 
caution in meeting foreign in- 
vestors on dear and equal terms 
have slowed the rush in such 
key areas as project financing 
and bond issuance for infra- 
structure projects. 

Lehman Brothers alleges that 
China International United Pe- 
troleum & Chemicals Compa- 
ny, or Unipec, and Muunetals 
International Non-Ferrous 
Metals Trading Export Compa- 
ny separately reneged on debts 
incurred in foreign exchange 
transactions. 

“Regardless of the settlement 
of this case, it’s a very good 
reminder for everyone that Chi- 
na is no different than anyplace 
else.” Peter Geldart, head of 
Salomon Brothers Asia-Pacific 
power financing group, said. 


ipt 

tactics of Representative Newt 
Gingrich of Georgia, who is ex- 
pected to take over as speaker 
of the House in January. Mr. 
Gingrich has long been com- 
mitted to the GATT agreement 
and has not wavered a bit in the 
two weeks since the elections. 

But that does not mean that 
things could not have gone 
awry. Many of Mr. Gingrich’s 
populist supporters, including 
many of the white working- 
class and lower- mid dle-class 
men who constituted such a 
large element of the electoral 
swing to the Republicans, bit- 
terly oppose the pact because 
they tbmV it will cost their jobs. 

Patrick J. Buchanan, a Re- 
publican interested in mining 
that vein of fear and resent- 
ment, has broadcast commer- 
cials condemning GATT. 

Whatever pressure Mr. Ging- 
rich may have felt from Mr. 
Buchanan's direction, or from 
House anti-GATT conserva- 
tives, he has stoutly resisted. 

Much the same story could 
be told of Mr. Dole, who is to 
become the leader of the Re- 
publican majority in the Senate. 
A possible candidate for presi- 
dent in 1996. he bad to weigh 
not only his party’s tactical situ- 
ation but also his own, in addi- 
tion to the merits of the case. 

Some of his potential rivals 
for the Republican presidential 
nomination oppose the new 
GATT agreement, which makes 
it uncomfortable for Mr. Dole 
to be for it. The elections sig- 
naled a shift to the right in the 
Republican Party, away from 
Mr. Dole, whom the conserva- 
tives once dubbed “the tax col- 
lector for the welfare state” be- 



_ le and other officials did not 
say which nations Washington 
had feared would obtain the 
materi aL Bnt a senior defense 
official said the suspect coun- 
tries were situated near Ka- 
zakhstan and that “there are 
>le really shopping for this 

1 of materiaL” 

To help repackage the nude- 
ar material into 1,400 shipping 
containers the size of oil cans, 
Mr. Riedy said he and his col- 
leagues had to set up their own 
chemical assay laboratory in a 
large, unheated room at the 
Ulba Metallurgical Plant 
They also had to bring in 
their own electrical power sup- 
ply, satellite communications, 
maintenance depot, and an am- 
ple supply of equipment stated 
to cola-weather operations at 
the snowy, windswept site near 
Ust-Kamenogorsk. Bnt Kazakh 
officials “bent over backward 
to help 125,” Mr. Riedy said. 

Officials involved in the op- 
eration said it went more 
smoothly inside Kazakhstan 
than it did outride the county. 

They said, for example, that 
the Pentagon had difficulty 
winning overflight rights from 
various countries for the C-5s, 
which had been declared to be 
carrying hazardous cargoes, 
Tennessee authorities also ini- 
tially opposed the idea of stor- 
ing it at Oak Ridge, and Secre- 
tary of Energy Hazel R. 
O’Leary sought Wednesday to 
ease public concern in Tecmes- 

teriaf iTnot nuclear waste, bat 
“nonirradiaied materiaL” 

Mrs. O’Leary said the ship- 
ment amounted to only a frac- 
tion of the uranium Oak Ridge 
now has or is capable of storing 
safely. 


cause of his opposition to 
Reaganomics. 

Ins situation was made no 
easier when Mr. Helms asked 
the president to delay action oa 
the pact until the sew Congrea 
convenes in January. • 

So Mr. Dole decided, accord- 
ing to a friend who discussed 
the matter with him, that he 
needed to achieve at least some 
modification of the accord He 
seized on the enforcement pow- 
ers granted to the new Wodd 
Trade Organization, which con- 
servatives have attacked as a 
threat to U.S. sovereignly. 

By persuading Mr. Clinton to 
set up a mechanism for UJ>. 
withdrawal if the new trade or- 
ganization finds repeatedly 
a gains t the United Slates, he 
tipped his hat to his party’s 
right wing while maintaining 
the commitment to free trade. 

At the same time, he backed 
away from his bid to force the 
White House to back a cut in 
the capital gains tax in return 
for his support for GATT. 

Mr. Clinton rejected any 
such link, as Mr. Dole must 
have known he would. But the 
point had nonetheless been 
made: Bob Dole cares about tax 
aits as much as anyone. 

Had he insisted on so trans- 
parently political a deal cover- 
ing two measures with very lit- 
tle intrinsic relationship to each 
other, Mr. Dole would have 
been flouting the very message 
that the voters delivered most 
clamorously on Nov. 8 . 

They said that vintage Wash- 
ington politics as usual was not 
good enough anymore. 

Such calculations will be 
made hundreds of times in th<>» 
months ahead. But already 
many of the Republicans in 
Congress seem to have recog- 
nized, far quicker than most 
had expected, one of the con- 
straints of the new reality: They 
share the power now, but also 
the responsibility. 


ITALY: Berlusconi’s War With Foes, and Allies, Gives New Depth to Crisis 


Kay Delaney in New York 1 -2 ! 2-852-6956 
I laud Levy in .Vew link f -2 1 2-852-6*1 ( 2 
Eric (ileniL-nceau in fans 33- 1 -44-95- 1 5-80 




Continued from Page I 

are on the verge of a major 
political clash in the country.” 

And, most of all the conflict 
that has emerged since the elec- 
tions last March transformed 
Mr. Berlusconi from a billion- 
aire businessman into a politi- 
cal leader is not the old and 
often cozy arrangement be- 
tween left and right. It is a re- 
markable, open and unique in- 
stitutional war between the 
country’s magistrates and Mr. 
Berlusconi. 

“I have never corrupted any- 
body,” Mr. Berlusconi, the Ital- 
ian flag at his shoulder, said 
during a television address, in 
which he rejected pressure to 
resign over the investigation. 

At the most obvious level the 
issue that has sparked Italy’s 
latest crisis is this: Did Mr. Ber- 
lusconi, as head of his $7-biI- 
lion-a-year Fininvest business 
empire, participate in the brib- 
ery of the country’s finance po- 
licemen to assure favorable au- 
dits — an accusation he denies 
— or, was his vast business em- 
pire a victim of extortion by 


-J. 


corrupt tax officers, as he says it 

was? 

Judicial officials said Thurs- 
day that Mr. Berlusconi alleg- 
edly put pressure on board 
members of the state television 
group RA1 in a bid to reach an 
advertising agreement with his 
Fininvest television group, 
which owns three nationwide 
television stations. 

But the nub, for man y Ital- 
ians, relates far more to the en- 
tire character of the nation’s fu- 
ture: Will Italy make its much- 
vaunted symbolic passage from 
a corrupt First Republic to a 
new Second Republic in the 
purging, probably destructive, 
revolutionary fires of the inves- 
tigators’ inquiries? Or will it 
draw some kind of line in the 
sand, declare that enough is 
enough, and allow the land, and 
Mr. Berlusconi, to go forward 
with its familiar aura of un- 
solved mystery and incomplete 
disclosure? 

The imbroglio has been 
evolving ever since Mr. Berlus- 
coni took office with two lime 
bombs ticking beneath him: his 
refusal, until Wednesday, to 


shed his ownership of his busi- 
ness empire, which gave rise to 
questions about conflict of in- 
terest, and the fact that he accu- 
mulated his riches in the same 
corrupt era as the thousands of 
other businessmen and politi- 
cians who have since been im- 
plicated in Italy’s huge scan- 
dals. 

But the crisis has widened as 
Mr. Berlusconi and his support- 
ers have cast the magistrates’ 
inquiries into bis doings as a 
political vendetta conducted 
against the state itself. When he 
was told he was under investi- 
gation — on the same day he 
was playing host to a major 
United Nations conference in 
Naples — Mr. Berlusconi's 
broadcast portrayed the magis- 
trates’ move as an assault on the 
office he occupies rather than 
on himself personally. 

“There is an imbalance of 
power in Italy, and we have to 
re-establish the equilibrium," 
said Justice Minister Alfredo 
Biondi in an interview. 

“Separation of powers is fun- 
damental to a democratic state, 
and the magistrates are not en- 


titled to the same powers as the 
government,” Mr. Biondi said. 

That, in turn, raises the ques- 
tion of what, exactly, the Milan 
investigators are up’ to. 

Twice, when Mr. Berlusconi 
has appeared before interna- 
tional audiences — at G-7 eco- 
nomic summit talks with Presi- 
dent Bill Clinton and others in 
July, and at the UN conference 
on organized crime this week — 
the investigators have chosen 
those specific moments to move 
against him. 

_ The magistrates, though, in- 
sist they are simply doing a 
rather tricky job. 

“We could have waited until 
the budget was approved,” said 
Gerardo D’Ambrosio, the dep- 
uty head of the Milan team, 
discussing the timin g of the in- 
vestigation of Mr. Berlusconi 
“We thought about the Naplo 
summit. Yes, waiting for a less 
delicate moment could have 
been an idea.” 

“But then we said to our- 
selves, Look, prime ministers 
are always busy, there are al- 
ways delicate moments,” be 
said. “And so we decided.” 


.1 . . . 






LM Ij&o 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 






1 a 


'W Y' T 
S& '4/ / 

% / 


f '3# 


t Tr % '^ar 

|| g* ^ 'S?! I 


. # ; V ' uv -w? _ $$ 

JL ' %„ ? 


M 






\ ' I h' 


s >wrsu>£5 w^-w— 


A 

s / ■% 


j‘. L 


ro 







S H 

n *? 


w* “‘Op* »sy' ! - ■"‘yi'y*'""*'’* /$, 

I \ / M 0 

% *%" A ^ 

4 t% / ■*'*& * '■-**■'* WH 


1/ W 


w* ' v ^' w / 

v& i& J 

•M. Va; * 

V*. sl / 

x,8Sl 5*(: , i:yi'Sv:'*^ jmm^W 



JHK v 

Iri 




T 



'■•■1.* v*\ 

1 '*'V'. 

► ■»:■/. 

* V*A 

i f ... 


“•'W A .•».»wv iKKriWMVC# ••.«■> :■'.* ww* 

•1 '• \ I' / /.if 

. :: • xw' a .£? 


4K ' 
; &* 


^ '* -i*; 

™ . v ‘ «. 

•'*? vx ,*> 

s r%. 


VK- T** W«fr;# 00 » 




. V .„X 


The International Herald Tribune 
is owned by The New York Times and 
The Washington Post, America’s two 
most prestigious newspapers. 

In addition to having instant 
access to their coverage, we have 
assembled a staff of selected journalists 
all over the world to bring you a view 
that is distinctly multinational. 

And with the availability of every 
riewswire service, it all adds up to the 
world’s most extensive news-gathering 
network. 

No other publication can match 
our resources. 


So if you’re interested in 
commerce, in finance, in industry, in 
politics, or if you need to know what the 
world’s strongest economy thinks about 
events in the rest of the world, make sure 
you get your copy of the International 
Herald Tribune. Every day. 

To subscribe, call us at: 

Europe/ 

Middle East/Africa : (33-1) 46 37 93 61 
Asia : (852) 9222 1188 
The Americas : (800) 822 2884 


INTERNATIONAL 


PUBLISHED WITH THE NEW YORK. TIMES AND THE WASHINGTON POST 




+*vfWti*v: a n. . 


1 





c VC". J _ J 


Fage 6 



4 German Youths 


INTERNATIONAL CLASSIFIED 


KADBtSAKADVBB 


that Hem Inta m mtfoaal 
Ha r ol d Tribum ca n no t to 
Ifartoor 
dm o**» 


wait of ftreiiurHnne 


bmt 

•dtbjt 


l any mono/ 


taring brio any 


announcements 


Attention visitors 
from the U.S. ! 



If you enjoy reading the IHT 
when you travel, why not 
also get it at home ? 
Same-day delivery available 
in key U.S. cities. 


CoflJI^HX) 882 2884 


r-1 NewTwfc oft 212 752 38901 
flcralb^abJtnbimc 


BA SGHON. The most refined ft ft 
tel in Z URICH ewtawdy al - 
WBI'BBG's ■ leocfeig mens store ■ 
13. Bahr+ofar. 01-21129 50 


MOVING 


FRIENDSHIP 


A LADY OF MY DREAMS.. 


A "SWISS BRANCH" ftfara huge kb 
savings an nt'l trade/ robing meane. 
Mmgv (ex-Fortune top 2^ »• 

regorae/nwge on «um boss. 
M^or projerts/pntcipds ot*y. Fw 


US. fasiws executive, <5. »w*. 

own. remote red 

beauSd Lu rap u non for Hw** 1 ™* 


burling desxe to low “d bo bred 
Mar be 


(tout 30-38. tab. ettrod"*. 

very ronortoc and «OT Wwi. 
moo wnh ptatogjtdhta: ; 8f» 37 ® 4 - 
South Bend. IN *56193704 USA. 


BUSINESS 

OPPORTUNITIES 


OFFSHORE COMPANES 


1 750 READY MADE COMPANS5 
' BANK HTRQDUCHON5 
• ACCOUNTING, LEGAL & ADMIN 
1 LCt AT® TRaiSe DOCUM&TOOON 

> THBWOC & MAR. FORWARDMG 


or fax hr emraoeferte «rvw 
ab 100 page astour brochure 


OCRA ASIA UMITHJ 
2*02 Bald of America Tower 
Harcourt Road HongKang 
Tel +852 5220172 
Fto +852 521H90 


BUSH NON-RESIDENT 
COMPANIES £195 


Ideal tor-modaice vehideS: 
low profile. Ick free & European. Strt- 
oble fo> trat in g. consultancy & other 
adnntas. For inmedate term contact . 


Osh Murphy, Director, Sove r e i gn 
Cormnty Sendees, 56 FHrwffirex 
Square, Dufefin 2, IrftaicL 

Tel: +353 1 6618490 Fax 6618493 


OFFSHORE COMMMS5 
1 Free professional lum Aatbw 
1 W or i dwxk in uu porot w nt 
1 tmmedo to ovatebtly 
' Ril coftidenhd semcet 
’ London rearesanrotire 
’ Ful ( ‘ ' 


0 


INTERDEAN 


FOC A RS BIMATE CAU 

PARIS pj 39201400 


ASTON CORPORATE TRUSTS LTD 
19. Peel food Oougbs. UeofAtat 
Tft (K24A2091 f5T<I624 625126 


CLASS A BANK in tax free venue wdh| 
u dm in or c tiuo union and estebfitod 
banking and sectnfw accounts. US 
$50,00(1 famed**: transfer. Cal 
Canada {6041 9424W ar foj«4} 
9*2-3179 or [onion 071 39* 5157 Or 
FAX 071 231 9928. 


OFFSHORE CQMMMB. fee free 
brochure or edwee Tefc London 
**81 7*1 122* Fob 4* 81 7*86558 


CAPITAL AVAILABLE 


FUNDS AVARABIE 

FCR 

ALL BUSHES PROJECTS 

OR FOR 

LETTBS OF CREDIT 
BANK GUARANTEES 
OTHER ACCEPTABLE COLLATERAL 


Broker s couxiiuion goreortnnd 


Meniere* 6UPJCB. A Go 
RNANQAL DCTmrnON 
_ -BBGJUM 

r fax 32-2-53* 02 77 

I *7 91 

THEX: 20277 


BUSINESS SERVICES 


Save on 
International 
Phone Calls 


Save 50% and oore compered 
to barf phone comport**. 

Cal From home, office, car- 
eren hatch (and avoid 
srethregesL Cfe* our irtes 
far ary cgwdries and see hm» 
you can start saving today. 


CdJ w new and well 
edi yoa right badd 


Td 1-206-284-8600 


Fax 1-206-282-6666 

fates open 34 km. 
Agents toqarfes wefcomd 


INTERNATIONAL HER ALD TRIBUNE, FRIDAY, NOVEMBE R 25, 1994 

[as Bundestag Reeling # 

Film Synagogue Arson 


End of Year 

SPECIAL 

Call USA From... 


Sasd Arabia. 


South Africa. 
Sngapare-. 
HrSgKong- 

Ovna 

Indio — 


5130/uw. 

S.99/U*. 


SAVE On AB 
fafwnatNAd CaBsI 

US. Tel: 1407-676-9500 
Ext. 125 


US. fot 1407-6764909 

Service Representove lea 


open 2* hre ewry dcM 

COTORATE PLANS A VAftABLE 


iVtvm. « kT"*« **' ' - — 

AG&iTS WELCOME 


10* S. U-S-l. Melbourne, a 32901 


ISLAMIC BANONG IftAMNG wo- 
uu m a conducted xi Mftnja Tet 
S&2D9 *340 Fax 603 201 8359. 


COMMERCIAL 

PREMISES 


MH54A1M QUARTS large shop lor 


FINANCIAL SERVICES 


RJNDWG PROBLEMS ? 

Venture Capdft - Equity Lavs 
feaffSrtS - Busmen 
fVtmonC - Long Term 
Colateral SuppretedOureTtotees 


Honfaftfa yuu id uii to secure faxing 
far wane projects arranged by. 

Bancor of Asa 

Coaraajon owned erfy tjxx^taing. 


Tet (63-2) 


fax 


810-2570 


^STbacK 


419 Second Avenue West 
Sereda. WA 90119 USA 


ATTENTION PR05KCTTVE Borrowers! 
Corid you cortod TRUE U3'C)S5f 
No fads, but o let of fee? Why 
don't you try Asian Ccptfrt Saras! 
Eaunr oocen to huge poa of oreneco 
Chinese cape*. Over 500 TRUE 
SOURCES rat r i e ecd from our dato- 


bae. Free sampb report NOT iust i 
’ 1 - TAX +32-2-2250596. 


g a wr ofa d fctf. ! 


for 


NORMATK3N of finaxtog sources 
wanted! We <ml pay for a rebobfo fa 
or fercOrey gf true farteri. Mmy 

SdU^TSSsWlI $ Sefe*)- 

SERVICED OFFICES 

TOUR OB«I M LOMX3N 

Band Street - Mft, Phone. Fa*. Trte» 

Tft « 71 499 9192 fret 71 4997517_ 

EMPLOYMENT 

EDUCATIONAL 
POSITIONS AVAILABLE 

BfOU9i SCHOOL lefts nowce mafter 
tongue Engtoh traxhen. Worfc penret 
ongrtonr, frtfecre baas. Ptoose cal 
Pms 0144 09 99 22. 

AUTO RENTALS 

RBff TOM DM AUTO 

WEBCJEhD: FF 515 

SPECIAL OffSl ■ 7 DATS: ff 1500 
HUHSIHc (1) 45 R7 27 04 

BOATS/YACHTS 

KOUSTOAT: Excnkreul fettogs. far 
residence « profeaiond uta. Sea- 
worthy. Moored tat Van Gogh m 
Pons. Old rtyto Mftogaty decoration. 
220 iqm. Mg spare + 2 (erroam. 
Doodle roeepSon, tfody, 7 double 
cobra, 2 angle cobra, fitted kfefesi 
and bar, 2 botfeooro. 2 wta, 2 fee- 
piaces. beta owner. F3M. Tft (1) 
4387 OS* - 4501 9206 - 0754 1797. 

LEGAL SERVICES 

DIVORCE M 1 MY. No iravft Write: 
Box 377. Sudbury. MA 01776 USA. 
Tft 508/4*38X7. tax: 508/443-0183. 

DIVORCE FAST - $495. 
Certified by U5. rmfcasy. Cofl/tax: 
(714) 9688695 USA. 

COLLEGES A 
UNIVERSITIES 

PKSTQN IMVBSirr, USA 

B8A, BS, MS. FW. etc pro- 

grams. Horan Shxfy re OnCreitous. 
Deemed fcnrtfe Oepretraert of Bdooo- 
fen 2727 CTNeH Aro. Oteyarom, 

WY 82001 Fat 1-307-632^50 


By Rick Atkinson 

Washington Past Service 

BERLIN — The stereotypi- 
il image of the German polid- 


pathy, pledging support and 
nthun 


diu 

: physique may never be 
le aften 


the mass-carcula- 
paper published 
I a nev^ elected 
parliamentarian 


lutemndoBal 
Herald Tribune 
ads work 


UVlb. 

Dagmar Wbhri, elected last 
„onth from Nuremberg to a 
seat in the Bundestag appeared 
an Page 1 wearing noLhmg but a 
bridal veil and rumpled white 


□mortal 1973 film, “When 
hastily Belts Rattle in the 
Tight” 

^Wfll the naked 
her down?” asked 

IhtK 

Evidently not, as Miss 
WShrl’s fellow conservatives 
rushed to her side, cooing sym- 


hoto bring 
fld’s head- 


Jfrrierr 

CANBERRA — Australia, 
taking a tough new stance 
against Asian refugees, deport- 
ed 13 Vietnamese on Thursday 
who arrived undetected ax a 
suburban boat ramp two days 
ago. 

The 11 men and 2 women 
were the second group of Viet- 
namese in a week to be deport- 
ed to Indonesia’s main migrant 
detention centre on Galang Is- 
land. 


studying the paper with uncom- 
mon diligence. 

Peter Hairy Cars i e n s cn . a 
member of Chancellor Helmut 
Kohl’s conservative Christian 
Democrats, observed, *TF Com- 
munists are allowed to sit in our 
Parliament, why not a young 
woman whose curves gave peo- 
ple joy?" 

It is not clear how those 
curves were suddenly discov- 
ered by Kid. But Miss Wdhri, 
now 40 and a successful lawyer 
married to a department store 
magnate, declined to invoke the 
usual defense of youthful indis- 
cretion. 

“I regret nothing. I*m proud 
of myself,” she toldBflcL A I was 
just an ordinary schoolgirl at 
the time. Those who remember 
such German films know they 
were just sffly erotic films you 
can only laugh about now.” 

Miss W&hrl explained, with- 
out elaborating, that her one 
and only celluloid experience 
came about when her boyfriend 
took her on a tour of the film 
studio. 

Was she paid for her trouble? 
T just can’t remember any- 
more,” she replied. 

Four years later. Miss Wbhrl 
won the Miss Germany title. 


from political palavw grown 
heavy with talk of budgets and 
taxes and coalition mtngue. 
Colorful characters are m short 
supply in Germany’s starchy 
political establishment- 

Unorthodox backgrounds 
here usually are the province of 
the Party of Democratic Social- 
ism, the resurgent former Com- 
munists whose new legislative 
caucus boasts a lesbian activist 
and a great-grandson of former 
Chancellor Otto von Bismarck. 

■ “It’s funny that this hap- 
pened to the Christian Social- 
ists,” said Michael Mtiller, a 
Bonn Social Democrat. ‘It 
shows that even they are a total- 
ly normal party.” 


Reuters 

SCHLESWIG, Germany — 
Four German youths went on 
trial Thursday accused of fire- 
bombing a synagogue in La- 
beck. the first such attack oa a 
Jewish place of worship since 
the Nazi period. 

About an hour into the trial, 
the court was adjourned until 
Friday after defense lawyers 
said their clients would not 
maVg any more stateme nt s- 

Court sources said the 
youths, from 20 to 25 yearn old, 
were charged with arson and 
five counts of attempted mur- 
der in the March attack. 

The five people inside die 
synagogue at the time escaped 
unhurt, but the building was 
badly damaged. 



using the prize money to help 
law studies. Last 


finance her 

month, she surprised political 
pundits by winning a Bundes- 
tag seal with 44 percent of the 
vote in Nuremberg as a candi- 
date of the arch-conservative 
Christian Social Union. 

At the very least, the revela- 
tions about Miss W8hd provide 
Bonn with some titillating relief 


Original Clock to Return 
To Greenwich Observatory 


Reuters 

LONDON — The dock that gave the world Gnamwidi 
Meantime and helped prove the Earth t^edsmoothlywll 
go home to an observatory east of London after 275 yean 

<3~h £**£*?* 

made by Thomas Tompion, known as the father of Engish 
c lockmaking . would be restored torts ongmal setting m the 

^^the latenth century, the dock was used by England’s 
first astronomer royal to determine that the Earth rotated at 
an even rate, a discovery that meant astronomical readings 
could be relied on for plotting maps and for navigation. 

“The Tompion dock is an immensely important piece of 
British and international history, central to the development 
of timekeeping and navigation,” said Lord Lewin, chairman 
of the Board of Trustees of the National Mantime Museum m 
Greenwich. 


REAL ESTATE MARKETPLACE 


REAL ESTATE 
FOR SALE 


GREAT BRITAIN 


OROSVMOt SCI £325A». 

Mtoay, reofftfeert 1 bad , 

i refer fires fix sofa or 


runt. Breto n Property Santos-Hordd 
Tde** 71 *83 <273 Fas** 71 5868*57 



ITALY 

PARIS & SUBURBS 

GRBOE 

Houses, Arts, hot* l»rt A mvodotert 
breUnre in Greet Ucndi A Atfere 
newfy bwk 2/3 bedroom vfcs m taw 
from £7000000. 

HH1AS -HQVET1A LID 
Intenirtionaf Edrte Agents 

80, Queersway. London W2 3SL 

Trt 44 71 727 0865 Fox 44 71 229 6339 


k-k^d 

£ V- * i 

wmk wwi iRuuiiiBi sane wi 10: 

3M 29512791 

STG8UMMDB RES, m fetoriad 
house. 3/4-roara oaugle Bat. erfm. top 
flare, view, menontm. Tel 1-0293757 


(8TH1 CHAMPS &Y5BS 

d xjm. - Fl,522^0a 

5 MMS CHAMPS ELYSES 

73 sajn. ■ FI 150.000. 

A. PAOTC (1) 42 67 4646 


INVALIDS . 72 SO M. 

Tap flare, dan. 2 roam + terrace, 

prek>v Ta!: (1) 44 7T 87 12. 


THE LOCATION 


Take fall advantage af the world’s 
largest gathering of international 
suppliers and end users of property. 


FOR INTERNATIONAL 


MIPfM should be intrinsic to your 
international strategic development. 


PROPERTY DEALS 


Reserve a stand to maximise your 
contact- m aki n g, and capitalize on the 
best opportunities in the market. 


M I P.l M 

A 



International Property Market 


(..t)r!><n\itr’ cud life n 


9 - 12 March 1995 


/l! I 

Del v/r yi/ers di;J i onnpiUih': 

lic^i'iitd! .;/ni c/>.' .lutburitie’f 
I’n/perty .t,i riser* 

Ad'oitnidiits .uni Littyi'i :• 

A >v I 'i lee's 


Palais des Festivals 
Cannes - France 


Contact : Nadine CASTAGNA 
TeL 133 0)4434.44.18 
Fax > 33 (I) 4434.44.00 


MEET AT MIPIM 


RI.FI> MIDUM ORGAN rSATION 
A W-MBT-H OF BHa» KXHKBTION COMTANH-n 


OMAT BRITAIN 


The Earldom 
of Arran 


Scotland 

for sale by Auction 



Ln frriMM t'milr Inm ritr Nnnh Wru 1772 


2 JO p.m^ Wednesday, 14 December, 1994 
Stationers’ Hall, Ave Maria Lane, London EC4 

hirmcrly the pnipcriy «>t The Must Nuhle The 12ih Duke of Hamilum. 
Duke nf Brandon, and Due de Chalclhcraull. Premier Peer and Knight 
Marisehal of Scotland, on the insiructinns of his grunddaughicr. The 
l^ijy Juan I-'lordc C'numu^s of Arran. To include approximately 
1 .000 acre- and I.nchrun/j Cj»lle. the Me of Arran, Scotland. Also «» 
he auctioned 20 1 Jirxlships of the Manor and Baronies in fingland and 
Ireland on l he instructions nl the Nubility and Gentry. 

luiridom Calalo^ue includes plans, maps, and VHS video. UK and 
f-.umpean Cnion L' 75.(11: all other places hy courier C fOO.OO 
i I'SS ISIIODi. Calaltiyue off-Jielish anJ Irish I ^ mi ships and Hanmk's 
only, is a'ailahle sep.iralcly lor L IS (HI (USSM-flO) 

4 WA" ■ Ilium ■ iWiiwn i ttnl I'nn iim-iunl. 

Manorial Auctkmcers. |04 Kcnningtun Kind. 

J.untf«n Still 6RE: (el.: <-Ui ftl7l-5X2-J5KK. Fax: 7022 


wEsrnmES 


TURKS & CAICOS ISLANDS 


8 rash TerriutY fust era an heur tom Man 

LSSS official currency, no exchange creKrob. 

no tncrene re capital toss. CoraSe Barters 

horoesltes from USS 18.500. Secluded 

localton on re near beach. House plans anOi 

pburtng approval For tose and otrer island 


CORA LIE PROPERTIES LTD 

PUB17, Grand Turti. Tubs 6 Caicos WaMb 
TaL 809 946 2611. Fax: 809 946 261 2 


fepiscm. Xmas Otraj 


SPAM 

MARBELLA 


Fully equipped luxury apartment 

in private tropical gardens and 

beach next to Puerto Banus. 

14 nights $1,000 Gulf available. 

Tel.- 34 52 81 40 60 Fax: 34 52 81 09 92 


CZECH REPUBLIC 



l'NIQl'1; IN PRAGUE - 
IN THE HEART OF EUKOPH 


Upper-class pcnihuusc aparimenls. 
(Juvmiutsn. lop residsniial area near 
Wcnccvlu Sifujrc with a wonderful 
view over the ri hi flops of Prague; 
Maisoncilc aparlmcais with .1 
storeys, from 30 in 135 sqm. top 
lunch famishing* such as .spiral 
staircase, open fireplaces, large 
terraces and separate elevators. 
Fuiure-iiricnted residential 
architecture that meets international 
standards and features the latest 
environmental concepts fur 
buildings, e g. storage cistern far 
rainwater, solar cuilecturs and wind 
energy. 

Outstanding architectural design 
by the architect Ivan Povazan. 


Building owner Fa. Postav *.r.n.. 
Praha Management by v, Ferenc zy Si 
Partners Lid,. Presentation Sc Sale. 
Frankfarl/Main. Germany 
Tel: 0049 69-6468 809:. 

Fax: 0049 69-64 68 84 76 


RUSSIA 


Real Estate 
ev Moscow 
For Sale 


Offices nnd IxiiUlinps in central 
Moscow. To huy. in reni. to 
firetnee trampuge 


SOLBY 

Fax: (OK) 44-71 499 3559 


WASHINGTON, DC 
HISTORIC MANSION 

Magnificent Ha5an Florentine mansion 
bull fit 1924 features over 10,000 sq. 
ft, inefadss an adjoining chapel and is 
located 20 minutes from Embassy Row 
In gorgeous Potomac, Maryland. 
Exqui&Se materials and racepttonal 
craftsmanship. Grand salon, formal DR, 
gorgeous Lftraiy al with l? ceBngs. 
FanCSfc GaBery wih vaulted ceSngs, 
stone staircase In central Foyer with 3? 
ceifng and 45* Famfiy Room. Imported 
fireplaces, floor-K>ce£ng windows & 
hand carved wood ceiings. 16 aadl 
RoomsfDffices and 8 add! baths. One- 
of-a-kind residence baddng to 200 
acres of protected partdand. 51,195,000 
Contact: Marc Rasher 
Tel: 202-966-1000 Fax: 202-686- 65 57 
Prudential Preferred Properties 


NEU&iY. Brody m BOB 
Ownre aovin g out of coerfry, needs to 

sell EXOPndNAL townhoussus 

APASJMENt widi huge own prrvrte 
gordea 2/3 bedroom. 2M brefa. 
the fined m rie aed Sm * comfort 
atodng a Utfe of tfe ret Utdn 
4 Tear ana ge + modi quartan, 
refer, 24 hare security. Tba a to 
to m fearer rema n— to ce . 
Cortod rernrs represenwhe 
Teh ^^46 40 71 44 


Fate 


147451121 


NEARAVBIUEFOCH 

PAIS 1 6th- tore de fa Frtiai drew 


Ground 


b i arnree i 

floor dt rew dtr upuae e u t. 


159 V^m.. OOry. 60 tom. fcvmg, 

2 borfroomi, fatefen, WC 


3 bedrooms, 2 . .. 

Prrvrte gotten + indepoxfcrt stodo 
n garden, about 20 sqm. witli tower- 
roam & WC Gouge. 

Price- ft &2 ndfan. 

Tah (I) 43 26 68 42 


FRENCH PROVINCES 


own shis 
EXCEPTIONAL 
NORMANDY ESTATE 

ImwMf li bar [27 bav] 

120 bn taw - 60 krauearv8e& Ocean. 
10 nodes l&fele gpfi course. 

space, 1 ho. kart 


320 


3 raceptia n . 6 bertorem. 3 brebrom s . 
retie and 180 fitted bcaeracM writ 
goroge, wine refe r & Itod room. 
Phcer FT 1500/m 


OWe - PAbCRAMfC SEA VtW. 
10 min wafe tn CroweDe, resrtenoe 
«4h pool, 2-rocrn ijjrtmmt + 
lokfen. brthroout, betoorry + 


CdiOwtrarr 


rtram. bakrery + reivrte 
prefirg + erfar. FSBo/XO. 
er G3\ 9* 65 72 00. 


Tet Peek (33-11 47043411 (Taw 
8 Wed) or (33-T] 3916347D frfcrty 
OBer Spa) or Fax: (33-1 ) 4603051/ 


GATINAS ESTATE 

Very darang oU finfast 


i B Widri Near Caretoncy (L ong ^ 


18TH OJTURY W AIHMUI 

33 tan Sarth af Paris 
Exef*rcna? mde "dl dreurtjr 
9 70 igjn. i vw^s pqce + * 00 y 
ndxrtDg, 2 j fedrees of gardens, 
woothrevi frekk 2 riven, pond, 
heated summing pact Shots, schools 
MB. 


ted swrinraing pool. Shop, t 
ondrai RSQwtoTb 
FFIZMOai 


TeL Paris [33-11 45 54 33 22 
(23-1)45 54 67 38 


tax: (2 


ON AVENUE MONTAIGNE 

The one 4 only. b±oonhary petfe- 
Teh Owner (1) 43 3977 89 


SUPERB RIVBVEWS 

AlONOnEDAME 

Artsl 's Ate&er. 

110 sqm To renovate. 

Tet Cat (1)43 33 30 00 


TABS 15TH PCAX 7TH Owner left 

78 sqm oporlraert, 1st (tore on peer 

6 OJurtyard, rorerrty erfcoty redone . 

douUe Ming + 2 betfroorra, fated 
brthroaq, refer, very 
renovated fre e s tone fefeb^- 




FiaSMCa Tel (1) 42741377 office or 
PI 397619T ' 


761393 bane. Fox PI 427C750. 


16* - VKIOt HUGO - POMCME 
eia pto d pad A terra* 75 sqm, 
bring + bedroom in freestone buid- 
sany, 6th ffcxr, 5ft. Prefect con- 


on, smy, otti noor. in. W w con* 
dfiwn, equxnd teefen. FP2.1 mfion. 
Owner ifMgg 02 81 or 45 00 96 95 


CKANTBIY. X minutes from Pori 

Beaufifiri 166 sqm duplax in smei 
re si dence with tetris & pooL 6 noon*, 


Th beftroone, faepboe. n^OO^ 


Tet 


r jq 4* 56 56 
5712 17 Ihrerol. 


16*. PASSY, drert ow, superb 120 

sqau 2 bedrooms, 2 borivooms, 43 
iqm terrace, 2nd floor + 10 sqm 

brtcoay x calm, geenery, bright, hgh 






12616 


PARE 8TH - GEORGE V 

(nerei Modem, dwnwna piedoterre. 
5ft floor, 70 sqm TU1-C4S2260 


8ft, CHAMPS &YSSS, PON1HB1 

recent, 7ft floor, ortsluidho view, 
150 sqm: 37 sqm fcring. 3 blooms, 
3 baths. pwtamFRJ mfcn. Tel: n) 
*0 60 «B2 re t il 45 89 06 1 1 


PASS 16* - PIACE DB EfATS UNB 

fa. 

P) 


to high dose n w nsion. ST sqm duph 
J>ed a terra". Tdefhoro 
*2 SS 2/30 


78 - arOtSSY Ml Ore A) high dm, 

lair floor tfijplre, iwng, batoot^r, foc- 


Vnllcr riu (Irnrul Morin - ,Kl min Paris. 30 min nln" ,r, s 

EXCKIHONAIi Propkkty 
With Magic Charm, 

:tn I Hilt rrnlan* inHIfMtHW wHh 2 prHnd vaidlctl Plane IsrUtfsv. an 13 
arrrs of hlllv and wrlrisrd grainiibt In pndnlrd sriilnp on n 1 arrr 
uiMiflnl river bank. \ nnrilr srlHnft. jianoramlr vlnv. Hurgrmis WNidnl 
Lsland + small srnmd island, "nds splendid h.unlri-llkr pnijirrl.i nirrra 


1 .430 sq.m. Ilvinc span* alliiRrlhrr. hilly and laslt-rttlly rrnnvaltxl wiih 
“ aoosti.m “snmmprualnir" sullaldr Fttri'nnrrrrnrps, 


all mmrnrls. — ..... - ■ - 

hnmiiiclM. 30-rar parLhic Ml. ItrHpad pnsslhlr. 
Tel.: (1) 69 04 04 80 -Fax: (1)64 20 11 01 


16ft, NEAR AVE FOOl doehfa Me 

+ bedroom 70 sqm. Swvry, ward 
floor. FFllOO. (»C. Owner 1^553 
7112. Ptxhno 6 rnfafi roowpondto. 


16ft - HAMEAU PASST. 80 tqgv 


Sr, 


— . 6/7 flow, charm, quel, - 

1 nape. VSri. (1140 33 64 64 


AVB4UE FOCH - TOWNHOUSE on 3 

leveH. Garden, terraces. Century 21 
SOUM ni<2 » 09 09 


MONACO 


MONTE CARLO 


CBV7EP OFMOMBCAKLO 
i-roan ep atmr*. 723 Sq m tntr riy 
redecorated, spooou r Wg rxxn tnd 
tnalnjling w Canriq 


• equqpfa films /8W9 

AAGEDI 


7/P, M des MwfeeL MC98000 Monaco. 
Td 33-91 165959 Fat 33-93 SO l?42 


CARIBBEAN 


ST. KITTS, 


WEST INDIES 

20 or 140 acre ice wrti b oa ti&ue. 
Wald dass fad & condos *rdi ccsno 
kerne ft fa> abrtMWd. Madly feoch 


Fiart, Broker coneiraon^ure q rt Md . 


Pnced from S22 nrtfan to 
TdLI 
(2I2J ^ 

(212) 371-9133 


55 


110 be Paris. ID nsn IB-hcde m . 
CDorse. 300 xpn. fvoic croc. 

3 ro ceprioe s. 2 firepfoees, o b e dro en a . 
2 baftrooa ^ 80 tarn greaae one waie 
ceflor. 1 ha reydtnFF2300 jXH 
Tel Preit (u-1) 43 29 43 67 


MB* 8ETWB6 IWONDBIB 
AND CAKCASSOFME 
Bpjuriful vineyard estate on 45 ha. 
p4 ha "AOC , 21 ha fields & woods). 
"Master" home + fane b u d di e s . 
Bet: 2751 Free: F330 QJX30 

IAMAUXI IMMOBILB 
34M) Lanrtou Us Brens. France 
Gftwsf Aaftmac [331 67 95 62 89 
fax: (33) 67 9S 21 01 


ICM GSTAAD [SWnZHUANDI 
nr vrift rert fau 


Sgpnrb soar tirert wft L_^. _ 
doss. 33) sqm. 5 bedrooms. 
4 brtfvocas + sesneei 
AMGKFICBV VEW 


fate (33-11 20 36 27 61 
m(33-1) 


Tft Prei. (33-1 ) 47 45 73 23 or 
Tet C faitorai if Qex (41) 29 46932 


MDb BBWB4 MONTPEiBt 
AMD CARCASSONNE 
Debghsf d fnpertox eri otes 
md uxed/ homes. 
1AMAIOU IMMOBOB 
342*0 Levnaloo Les Bara. France 


Otored Awdamre (33) 67 95 62 89 
67 95 21 01 


tax: (33) < 


PROVBK& NEAR UZES: Manor house 

Mlsqm^ + ^v^»300g^ L arg e 

" Mason de Mares" 380 
Wt Terraces, gorteq dam art 
cferoder. fT&JOO. FWiC Tefc (33) 
6657 61 4 *Fgx=03) 6657 5261 


HAUTE SAVOffi - EV1AN - GBCVA. 
kto Leman, mauntorm Mom-Bkuc. 
sfc. golf. teromswtaqJO BUT TOW! 

FHMwe«rr a.wiuMr home. 
FLA 

031 


HAI^VjU^ OM1CT: phone France 


FRENCH RIVIERA 


FKBttHRMBtA 

ST JEAN CAP FERRAT 
Beautftri vita wft lage rereptnra. 
290 sqm: 4 beftoorm, 4 batvaoms, 

1^00 jqjn. garden, swfeming poof. 


PARK ^AGENCE 


Le ta* Wore 
25^ Avene dt b Costa 

MC 98000 MortteCcrb 


Tfa 93 25 15 00. Feet 93 25 35 33 


) IXECUTIVES 

EXCHANGE / SALE 
Ardvtecl owned 17ft certury 
ranfaefad Mas m Harts de Venoe 


300 sqm, 2^50jqni. fart, 


- P 00 * * a*d trees. 

Uriqje pre ioumL view af tfe me- 
from Cannes re SL Jen 
Dx> Ferrrfl & tte mourtons. Eshoxned 
F6 MBoa Sefl re ex d wge for an 
epamnert n Pans 16ft or Newly Mr 
Seine or a fieesttvxing «la in Goches, 
Vowrasson re La Cefc St. Qoud. CiA 
•ware ffiroefiy, Paris 1-47 41 64 65 
or far 1-4701 20 R9 (effia houn). 


SAwr-noPB. 


Bert position n Si. Trapez. Seduded yet 
artf a few minuses wdk hare rtfage 
CBrtra and baxh. Spodo u s vflo on one 
fl oor w*h * beds/ bafts. Al roan with 
'Braces. Ur™ pool Beo u tif rt mohn 

garden wirfi pnm prtms. Bevoled 


poBtem faring SW wft views of bay. 

Owner torn qmk sole so only 
_ . l+r. 7 JrnOon. 

Tel 44 865 3*3271 tax 44 491 410022 


CANNES 

BD DE IA OtOCETlE 


Owner left ei Ugh dass 
— ww* 3 room qwlnes 
_ 100 “Hrw fwmfCdorens. 

2 btXnrorxnsJ + 30 sqm. renttee 
+ 2 preWns. 

J* fata (1147 47 47 75 
tax; Paris )l) 46 0* 44 05 


CAIMB Owner sfts l—riore 2roren 
aportmenl 0 tang + 1 bedroom) 60 
sun. + JQ a ia Terroce/bgw + 
preform + refer Said furfehecL 
n^JOQ. Tft flans (11 45 79 54 51 


AUSTRIA 

VBMA nere renter, 3 beds, modem, 
Ktuifice. erase notog 13 nfton 
ftfings. Tft JC {33-1) 45031608 

SPAIN 

MARBBlA/ESTffONA 

Domraon Beach ImeSraeet Package 
Lunxioisly fined 2-beftoam iqtartraent^ 
er canditiortng. central fectxig, ceorfota 
ffoort. 2*4x security. o6 yr. 

beach oeb. nonet) pod. Good man- 

rtjrtnrrt. exajfen) rert OKttete. tar 

qud srte SUSjXX} eorh. 

Cft Kridfaa Sxftrty - 

Red Estate Gazmrei 

Tel: 34 5 2S101Q2 free 2817788 

. 1 1 »f j -ipi.’i 


niAKE^ru 
WeM MOUNTAIN RBOKTS 

■lcyr:..T^r.yj 


GSTAAD 

CHATEAU ITGEX 
_ tar* tde 

error/ 

in best heaboat. 

1-3 bedocas apartreente. 

ScwtomSffiS/na-. 

AGENCY CAE. MATH 

CH3T30 Gstoad. Switzerfand. 

Tft 4? +30/4 26 25 Fax 4 6961 

^TTTTTr M — 

NVC/H East 60's 7 ROOMS 

PRIVATE 51 FLOOR 
PENTHOUSE CONDO 

tore opcortufeyl Cfae of NT’s most 
iraque homes xr tap white glove 
boding w* cxento room A garage, 
^tectaarior protected 360 degree views. 
Loci on/off elevator. Rexible 
3ZX) sq. fL + 289 re. ft bdoonies. 
3 master bedrooms, 45 maride baths, 
eoef s, eaMn khefea wodter /dryer, 

1(T cerens, certrcJ w cortStioned. 
Wocrted sfter efts S18M 

ifafe rtggms 211691-7050 

DOUGLAS HUMAN 

NVC/Cerard tak Sorth -Essex House 

2 Bedrooms 

^Cotido - OwHpolDRg PaHr 

35 toot twmg room, master bedroom 
faww taHc on 30ft floor. 2nd bedroom, 
prete* park A aty views. One of a 
fend, a rare find 1600 sq. ft. low 
Conran dxxges A real estate tons. 
Great miesimert. 

MADE BANCO 

21 2-891 7083/ Fox: 2128917239 

DOUGLAS HUMAN 

NYC/ 5th Ave -63 A 62 SL 7 Rooms 

„ HEGANCT A COMFORT 

Exa^rionrt views ft Ptrt from taw 60s 
A 5th Ave. 7 rooms. Grand fivmg room 
opens into den with wet far, 
\ masters & staff qureters. Formal 
pwq rapra. Evoaean kitefen. M aw 
beoenfal fratres. brtvsne 51,950000. 

BAiSARA CARDOZO 

2128917001 /Res. 212-9887027 

DOUGLAS ELUMAN 

New Yorfc/E 72 St. 2BXM Credo 

, FAB 4 BHJROOM HOME 

w* «n wewv Luxury axrdo wift 

A greoge. Camraan 

term Harogsnt 2)2-3260335 
Facsnrte Nol 212-6889424 

GREMHALRESlDBiTlAL 


. WCEMONTBOBON 

3 * torwy bufeteia 

faafe.lOp s qm - Fonrea mc wew 
certrd r+re art hatfare. Large befafay. 




Dew* vie ban owners of ... 

Tax free FF2.4 M. a Swfr. . 

Fax 41 ZI 652 57 10 Tel: *I?t-653lCH3 

-Siw-ffSTisa 


pfinor'xrigsj 


Irvmgtai 


Westchester County 

ARDSIEY PARK CLASSIC 

Pro Cater W H u dson fever Cofarval 
reorixes bring room wdh firepltn. 


new gourraef Krtcfeni 

Start r^uTte^ 


fanfta^L lS OFfgHCJS^SS* 1 

YE VRLAGE REALTY 

*®649-5476 91*4915476 


NTCTCertid Pbrlt South 30ft Bore 


Ufimate Condo On Podc 

Tfe 35 ft. Svmg roan +_ naUet 
bedroom averiaab ertec pat 2 bed- 
rorera, 2 bate in mod dot 
condo fcnASng. Low common 
low rod sstolt taxes. Alfa $13M. 

MASS- BIANCO 
2128917083/Fax: 212891-7239 


DOUGLAS HUMAN 


fCW YOBC QTY- Kips Bay Condo- 
aantore at United Nrtians and NYU 
Medad Center. 1200 sqh, 2nd ft, 3 
bedreoas, 2 baffe Mototenreve 5523 
Taw S441 Best offer over S325K. 
Free [71 g 6659672 USA. 


ARIZONA mQOO acre cade ranch .. 
93 areas prrvrte, indudes 2 gfesi 
towns, gold xanes. restored 
S5D0jX0oegariafcte. San 
HQ Box IWNoBcfas. Arizona 
USA fat 1 602 2877051 


TIE ADDISON OF BOCA BATON 

Rondo Luxury Oasanfront Condo. 
2800 sf fivsig spore. 3 bedroota/3 1/2 
both. Ibdwo Sec I305157W950 USA 


MIAMI, FLORIDA. Security gate rfand 

Minute! to 


hoar. 130 ft wcierfronL 
ocean & downtown S295DOO. Annie 

MaDgomar Berty 305892-1876 US*. 


REAL ESTATE 
TIME SHARING 


IANZAKFIE BEACH CUB. Un. . 
offer. Stotfc 24 persons. Weft 18-19. 
Monks Uhnon . Artamey cd law Tft 
+47-6125750 tax +47-6 1 253888 


REAL ESTATE 
TO RENT/SHARE 


FRENCH PROVINCES 


TOWtHGUSE ICML GEWVA, res an 

IWsole goff counq of «■ kfte 
and Geneva. 218 »m, 4 bedrooms. 

3 bathroom, large kvmg room ro#y 


dfa 

■Mi 

J+41-^ 


■to* jnwl reivrta gor- 
Frendi Zone. 


_. fate 
. + ehregas. TeL & Fax 
12224. 


HOLLAND 


Are you 


Ajnsterdren 
Tfe Hague 


bobn gfre tifty/partt y 
quofily occonrocatoi 
CJ fOTS-VAST 


+31 2063911 49 
+31 10 346 4840 
+31 10 476 2323 
Sto dfiaq to fte Nefterirexh 


8BITH0USE MTBMATtONAL 
No 1. to Hofexrt 
for fan) funxrimd fewes/floK 
Tft 31-226*48751 Fax 31-2064655W 
Nhoven 19-21, 1083 AM Amstatfani 


LUXEMBOURG 


CTTT Otaint/ Un m t d wr g. tarathed 
58 iqm t y t w et l . Sving/taichen«rr, 
bedroo m, ba h, eftor. prefer* BP 


PARIS AREA FURNISHED 


Embassy Service 

YOUR REAL ESTATE 
AGENT M PARIS 
TeL (1)47^0^0.05 


DEAL ACCOMMODATION 

REACT TO MOVfc-f* 

___ 0*w4j000 omfiserts 
•TOP QUALITY - crecfe cards acce p ted 

PjCwpart Associates 
Tel 1-47 S3 BO 18 fax 4i 51 75 77 


SHORT raw J&HAlSc taro 6ft. 

St Ger nxrei des Pres, xi 17ft eamury 
ooftfeS. . ftxfio a p ort me nl . newly 
decrerted, eferent furnbfeig, 40 
lam, motWn 8, IbSdseirotte. 


fax 0145 67 05 79 


CAP TTALi • PARTNERS 
Hotrtpfted m quftty pp re tme rts. 
cm sns, tan end subiru. 

Tel 1-4614 8211. tax 1-4772 3096 


VAUOtBSON - 7 KM TOM PAHS, 

near trdn Station, supermarket & lo- 

an area. Owner rerts quiet 45 sqm. 
BcJ. 5800/monft. Min. 6 months from 
Jcrexxy. Tft [33-11 47 01 07 26. 


PARC MONCEAU Totfty renovated 80 

tqm tnjfen. boioora, munme. 2 


’"nBSfTBSiS 


■qufaed 

r. Tft fH'40 55 91 98 


BJUNnWBCOMESrOlf TORAHS 

H you need an op oi m ro* re a house 

to taris/le de Fireroe, not let us Inowl 
Tft fl} 40 84 92 51 Fox [II 40 84 0488 


5*. JAHXN DB PIANIB. 123 tqm 
on roriM.3 bedrooms, 2 botfa, fagh 
doa buUny + 1 double goroge. 
Tel: 1-4336 jo 10 re 07 41 9621. 


U£ SAINT LOUS - EMOTIONAL. 


mstnem faong fane, 
swxiy. qaet, bereAful 


.. . , refeque fen- 

liw. Shot fata. Td 1-43 26 68 7P. 


NEAR PLACE DB VICTORS. Superb 

tumofed 3-roore rexrtnert. Al com- 

forts. NEW BiaLDff5GMl_16 81 00 


FOR 10 MONTHS. 5*. 2 rooms. «! 

sqnu ft c u ftren. F70Q0 fa ec snm 

m fieofexi xiftfttft W IJ3PS31 


4*, HOTH.DE VUE, cue! ro 
fedw & baftroom FZ300. Tft I 
4763 3038 Sunday after / pm 
PAHS 5 ft, 2room flat to knrafaito 
ertry, father, both, sonny, view. 
farting Tet owner 1-43 5* 65 69. 


6TH - RUE DB GBANDS AUOURN 

2-roam rexrtnert. F7J00 mdodn 
choroes. Tft [)[ 45 89 59 25i 
TROCADERO 1 bedroom, finfan 

Seduced rad to idc on of my aft 

Dec lrtZfrd. HJ£0. Td 1-650^7290 


PAWS AREA UNFURNTSHHl 


JARDIN DB PIANIB. etorgj 


mg. 

rarenr. (sue 

39 6*65 16 


ttado in n ew quft fr 

e guden. prefavL cofa oq 

Guanfen fwSi TeL (Tl 


m-,. 
tm* 

m 

5^3 


■tm 




MUETTE. Irene nx rienlmd Ado in 

modem quftfy twUag, afady new 
art equipped. Gore**, coho. 
FT53 XL lelTlI 39 64 65 16 M 


afen 3-room Art, eqeppfa 
baknrry- garden view, raft 
t>n2-WTd (1)429129 13. 


SPAIN 


7 FIAZA DE E5MNA AAWMBflS. 

In tfe heart al Madrid dots 

studios to let. Dfty Middy, etw> 

s?’S , 5 S§gS ,d 8 rs; 

34.1J48.43J0 


!-■ 


PIAZA BA9UCA ATARTMBfTS 27. 

Comandanto Zonta Mretod loaded ■ 

tfe fincnod& bumeBOtea A won* 


A hftvxfod styfe Dfty - WeeUy - 
Martfay roto* fesemetoro - Jet (3*- 
11 5Z Q642 Fax; 04-1] 5351497. 


LOS JERONIMOS APARTMENTS 

Mo reft* 9 Madrid. Between Prado 

Manxn A Retiro Port, finest ex re arte 
of tradfeond fumftoro. Dfty ■ Wo 


. Monthly rotes. Rmenftont - Tft | 
1)4200211 For p*-U 4294458 


USA 


HOME OF IAURB4CE OUVER 


Los Angeles. 1931 mounlrea home 
beortfffty ret 


esterni Preo un xc view 
from ofawttown to MoBu. 5 bedroanq 
new fetcfen; balconies, firepfarxs, 
terraced greden with forefemv SSjOOQr 
north. Tefc 212-255-1906 USA 


ROODA, SAMBa BLAND UA 3 

brefiooms on & off beach. Summer 
S5«to SI300 per weft Winter S945 
to 52500 par weft UK 060 
GE (H3MMBQ5, Sftz. 1-55-9542 


NYC - EXCH’TlONAL OPPORIUNTY. 
1 year rertoL hxtwfad 2 bedrooms, 
(foreman buiing, on efegart Wrt 
54ft Strom between 5th/6tn Avenues. 
Heal far trooftantic traveOer. FAX ta 
Ifome pAii 581 6618, 


REAL ESTATE 
INVESTMENTS 


TEXAS 


_ . CATCH THE BOOM 
O’ *e U5JMemcon border with free 
bode NAFTA coming irto effort. 

50 oerm of pml 
rrortage on U5 . era 

Were for motet re ae , 

Omer has to tft 


83. 


MTOURBS 

Te^ ^Ll)Sf?l5^7ta?(5T)4MfoW 


EXCHLBfT MVBTMENT Buy a fa m 
Beviy Braft. Fret exprexfrig tourist 
artier nere beach. 55 fen good rood 
trem ^.“tprei USS4 pet tqra. 750 

Luoano CovAnrte [55} 85 261 3HJ0 


THAILAND: A 3h toaney Mo de home 

fa 1 adjacent fend preceb, ft orift 


terrific vmw of man [fay S rxsort dry 
Of ftafer «reid_J54W»a from an 


invMtmert of 117H DetaftTet 661- 
rec 66J63* 0364 Alto 


464 1273 or tax: 
Aft Adams 


REAL ESTATE 
SERVICES 


B®®®(CH> Seal Estate Manogemerf 

« Martmtan far noMreiiiert owners. 
Owtatt F. Freedman Tft 212-988- 
6090 re Fere 212-28B7669. 


S CENES _ P *IMTBBEUR: Baroqee, 
roadasdad A c olored deoonnon. 
j* 0 ”-. *Ljrt- ft 7pm. 40 me de 
taotfii. 75010 Paris. Tft 147702706 


todays 


HOLIDAYS 
& TRAVEL 
SECTION 


.Ifiptvtrs 
i ui Pagr 10 








- 




. / 


\yejil o' \&p 



























































V 





Page 






29 Timorese 

* At Embassy 
Take Exile 
In Portugal 

Neuters 

JAKARTA — Twenty-nine 
pr ??ters from East Tumor 
CTded a 1 2-day sit-in at the U.S 
Embassy compound on Thurs- 
day and left Indonesia for exile 
m Portugal. 

. The 29 youths began occup- 
ing the embassy parking garage 
in Jakarta during a visit to In- 
donesia by President Bill Clin- 
ton and other leaders. 

Officials overseeing their de- 
parture said they boarded a 
flight for Amsterdam and 
would transfer to a flight for 
Portugal. 

Their departure came as calm 
returned to East Timor’s uni- 
versity in Dili after clashes ear- 
lier Thursday between students 
and security forces, witnesses 
said. 

The security forces had barri- 
caded hundreds of students and 
staff members inside the cam- 
pus in the provincial capital, 
after East Timorese protesters 
showered the police with 
stones,, witnesses said. 

The confrontation was the 
latest in two weeks of violent 
protests, most of them triggered 
by increased tensions between 
the East Timorese and Indone- 
sian forces. Timorese youths 
have been in the vanguard of 
the new protests in the former 
Portuguese colony against In- 
donesian rule, which ?s not rec- 
ognized by the United Nations. 

The battles Thursday were 
set off by the appearance of 
what students believed were 
plainclothes security officers on 
campus. 



Kcnl 

A poficeman carrying an injured woman to an ambulance after the Nagpur stampede. 


BOOKS 


ALL OUR YESTERDAYS 

By Robert B. Parker. 401 pages. 
$22.95. Delacorte Press. 

Reviewed by Christopher 
Lehmann-Haupt 

I N a rare departure from the 
detective novel format, Rob- 
ert B. Parker writes powerfully 
of three generations of Boston 
irishmen in “All Our Yester- 
days." whose title comes appro- 
priately enough from Mac- 
beth's lament, “And all our 
yesterdays have lighted fools 
the way to dusty dea th.” 

Otr a- dark and showstoriny 
night in late March 1994, Chris 
Sheridan visits his sometime 
lover, Grace Winslow, to tell 
her what he has recently learned 
about their respective family 
histories, whose misfortunes 
have been thoroily intertwined. 
As the uanative then flashes 


back to relate: When Chris's 
grandfather. Conn Sheridan, 
was a young man in Ireland in 
1920, be was wounded in fight- 
ing with England. Nursed back 
to health by a married Ameri- 
can woman, Hadley Winslow, 
who became his lover. Conn fell 
so hard for her that he demand- 
ed she leave her husband and 
run away with him. 

Yet not only did Hadley re- 
fuse him, in her panic over his 
fervor she also betrayed him to 
the British, who arrested him 
and condemned him to hang for 
his terrorist crimes. 

. But Coon escaped to Ameri- 
ca, joined the Boston police 
force and, in his lingering bit- 
terness over Hadley, got a wom- 
an pregnant and married her 
without love. 

He went about his police 
business impassively, drinking 
heavily and even accepting oc- 


WHAT THE.y'85 READING 


• Archbishop Desmond M 
; Tutu, winner of the Nobel 
Peace Prize, is reading “ The 
Hidden Face of Jesus" by Sister 
Margaret Magdalen. 

“This is a remarkable book. 
! using all the insights of psychol- 
j ogy and religious experience as 
! well as theology to describe the 
j inner life of Jesus in an exercise 
: of restrained speculative theol- 
; ogy." 1 1 Use Gersten. IHTi 



BRIDGE 


By .Alan Truscott 

N ORTH and South climbed 
to seven dubs in Lhe face of 
a one-spade opening bid. The 
grand slam proved to be a good 
contract because the opening 
bid marked East with all the 
missing high-card strength. 

After winning the spade lead 
with dummy’s ace, there were 
two ways to find a 13th trick. 
One was to ruff a spade, cross to 

NORTH 
* A873 
OAK93 
0 A 10 9 
♦ A 10 

WEST EAST (D) 

*952 * K Q J 10 « 

762 7QIQS4 

076542 C.QJ3 

*842 *9 

SOUTH 

*4 

<7 J75 
OKS 

*KQ J7653 

North and South were vulnerable 

North 

3* 
4* 

5N.T. 
Pass 


West led the spade two- 


the club ace ruff another spade. 
Then the A-K of heart would be 
cashed, and when the queen did 
not fall all the trumps would be 
run, saying one spade and three 
diamonds in the dummy. 

But that would fail if West 
held the diamond jack, so South 
ruffed a spade high, drew 
trumps and played diamonds, 
ruffing the third round. That 
left this ending: 

NORTH 
*73 
9 A K 9 
O — 

* — 


WEST 

* 9 

*7 62 
076 

* — 


EAST 

* KQ 
OQ10S 

* — 


SOUTH 


Tire bidding: 


East 

South 

West 

I * 

3* 

Pass 

Pass 

4* 

Pass 

Pass 

5 0 

Pass 

Pass 

7* 

Pass 

Pass 




0 J75 
o — 

* 76 

A trump was led and the 
heart nine thrown from dum- 
my, catching East in a trump 
squeeze. When he threw a heart. 
South played the top hearts, 
confident the queen would fall, 
and scored the last two tricks 
with a trump and the heart 
jack. 


payoff 

nals, until some two decades 
later when he happened to in- 
vestigate the death of a young 
girl who had been shot In the 
head and then sexually molest- 
ed. 

He quickly followed a trail to 
a Harvard dormitory room and 
discovered with deeply mixed 
feelings that the killer was 
Thomas J. Winslow Jr., Hadley 
Winslow’s 18-year-old son. 

What follows is a complex 
tale of guilt and corruption 
reaching down through Lhe gen- 
erations of Conn's son and 
grandson, and up into the bed- 
rooms of Boston’s social elite. 

As in bis Spenser novels. 
Parker’s dialogue is blunt, and 
as usual, his descriptive prose is 
elegantly spare. When Conn 
and Hadley meet in a hotel 
room to resume their lovemak- 
ing as part of their bargain to 
cover up Tommy's crime, Had- 
ley removes her stone marten 
wrap and drapes it over the 
back of a chair. 

“They stood, drink in hand, 
facing each other under the 
blank beady inspection of the 
stone martens’ artificial gaze.” 

The lovdessness of Conn's 
marriage inevitably blights the 
life of Jus son, Gus, who in turn 
marries unhappily. As Gus con- 
templates his dull-witted, ine- 
briated wife, Peggy, at a family 
muting, and reflects that his son, 
Chris, is dating a Winslow, he 
wonders about family fate. 

“Sometimes it seemed to him 
that the Winslows and the Sher- 
idans were dancing to the music 
of infinity, generation by gener- 
ation, two-stepping blindly into 
hell. Peggy ordered her third 
bourbon. Chris had another 


beer." Parker’- deft portraits of 
sexless, guilt-ridden marriages 
would be unbearably depress- 
ing were it not for the swiftness 
and wit of his plot's unfolding 
and the dream of redemption 
that Gus Sheridan holds onto. 

For despite his empty mar- 
riage io Peggy, Gus loves his 
brilliant son. Chris, above every- 
thing. .And despite having be- 
come an even more corrupt cop 
than his father. Gus shapes his 
life around the typically Ameri- 
can belief that he can break the 
chain of hereditary fate. 

“Just like my old man," he 
tells his mistress with deep 
self-loathing, “two generations 
of . . . bog-trotting Paddies, 
married to the wrong broad. 
Hired muscle, rattling door- 
knobs and busting heads, work- 
ing for the Yankee dollar.'' Gus 
continues: “Going nowhere, 
worth nothing. Married to a 
hysterical . . . cow. No, he’s 
the one. My son. Break the 
chain. Be something decent 
Have some land. Dogs-” 

So at the novels gripping cli- 
max. Gus succeeds in an act of 
self-sacrifice that blows up sev- 
eral Boston power centers yet 
somehow springs Chris free. 

Finally, Chris Sheridan’s visit 
with Grace Winslow reveals its 
purpose. And despite the nov- 
el’s dark cynicism, Parker's 
compeflingly sure-handed nar- 
rative of blasted lives ends on a 
note of uplift that falls just 
short of being romantically sen- 
timental yet not short enough to 
deny the reader the savor of a 
happy, hopeful ending. 


Christopher Lehmann-Haupt 
is on the staff of The New? Yak 
Times. 



International 

Classified 

Marketplace 

Monday 

InternattonaJ Conferences art 

Tuesday 

Education Directory 
Wednesday 

Business Message Center 

Thursday 

International Recruitment 
Friday 


A I*.’ 


i 


B Saturday 

Arts and Antiques 


°* 9r ’KSKsassj " . 

IVTMlWnilMl. i 


Don't miss the upcoming 
• Special Report on 


T 


ELECOMMUNICATIONS 

in the November 29th 
issue of the newspaper. 





xtumvin m mm mm iaw ha vm ««w.m net 


Indifl State ARMY: Argentina Domesticates Its Armed Forces 

Orders an 
Inquiry on 
Stampede 


Realm 


Reuters 

NAGPUR, India — Maha- 
rashtra slate ordered a judicial 
inquiry on Thursday into a 
stampede in the central city of 
Nagpur as the police and hospi- 
tal sources raised estimates of 
the death toD to 130. 

Nagpur was paralyzed by a 
general strike called by opposi- 
tion parties demanding that the 
state government take responsi- 
bility for Wednesday's tragedy. 

Earlier, Maharashtra's minis- 
ter for tribal development, 
Madhukar Pichad, resigned. 

An opposition morion calling 
for the government's resigna- 
tion was defeated. 127 to 68, in 
the state assembly. 

About 500 people were in- 
jured in the stampede, which 
occurred when the police tried 
to disperse an 50,000 tribal pro- 
testers rallying near the state 
assembly building to demand 
more jobs. Protesters had tried 
to break through a barricade 
near the assembly, prompting 
the police to use riot sticks. 

Maharashtra's chief minister. 
Shared Pawar, toid the state as- 
sembly in Nagpur on Thursday 
that he had written to the chief 
justice of the Bombay High 
Court asking him lo appoint a 
judge to conduct the inquiry. 

The judicial inquiry. Mr. 
Pawar said, would seek to de- 
termine if the police action was 
justified and would investigate 
the possible involvement of out- 
siders in the incident. 

On Wednesday. Mr. Pichad 
refused to meet the protesters, 
who were demanding that their 
Gowari-Gond caste be recog- 
nized as a tribe and that they be 
given priority for government 
jobs. 

“The protesting tribal s were 
hemmed in from all sides." said 
Gopinath Munde, leader of the 
opposition Hindu Bharatiya 
Janata Party in Maharashtra.' 

“On one side were the police- 
men blocking the demonstra- 
tion," he said, and “on the other 
side a very high compound wall 
and on the third side were lhe 
barricades. 

“Police started a lathi charge 
and began firing in the air," Mr. 
Munde said "When the tribals 
tried to escape the policemen 
chased them for at least a kilo- 
meter, beating them with lathis 
all the time.’’ 


Continued from Page 1 

man-rights abuses, economic 
failure and humiliating defeat 
on the battlefield. The military 
has handpicked 13 of the 22 
presidents since 1943. In the 
“dirty war," 1 0.000 people were 
killed. Corruption was rife dur- 
ing the military governments, 
which grossly mismanaged the 
economy and misappropriated 
public funds. 

But the Falkland War re- 
mains one of the most emotion- . 
al events in Argentina's history 
and is considered the turning 
point in the armed forces' dom- 
inance over Argentine society. 

In April 1982, General Leo- 
poldo Galrieri, the junta leader, 
seeking to increase his populari- 
ty eroded by a weak economy, 
invaded the Falklands and 
overran Lhe small British garri- 
son, seized from Argentina bv 
Britain in the 1830s. Ill- 


equipped and ill-trained, the 
Argentines were no match for 
the British counterattack. 
When the war was over, 625 
Argentine lives had been lost. 

Democracy returned in 1983 
with the election of Mr. Alf on- 
sin, and former military leaders 
were tried and convicted of hu- 
man-rights violations. But the 
military tried three coups dur- 
ing Mr. Alf on sin’s tenure. 

Now, however, analysts say 
the social and economic condi- 
tions that led to past uprisings 
no longer exist. Marxist move- 
ments and guerrilla warfare are 
no longer a concern. Mr. Men- 
em’s government has been 
widely recognized for revitaliz- 
ing the economy. 

The Defense Ministry denied 
requests for interviews with se- 
nior military officers and with 
new recruits. But people dose 
to Lhe military establishment 


said that senior officers now re- 
alized the armed services failed 
miserably in their past attempts 
to run the government and that 
they no longer had political de- 
signs. 

While military leaders have 
generally welcomed the restruc- 
turing of their forces, they have 
publicly opposed some of the 
more drastic changes, particu- 
larly the steep cuts in military 
spending as they convert to a 
professional force. The ministry 
said the budget for the armed 
services was $2.1 billion this 
year, or about half of what it 
was at its peak in 1983. 

Senior officers say they need 
more money for equipment and 
to increase wages. Career offi- 
cers earn about $1,300 a month, 
far below the salaries of compa- 
rable government officials. The 
salary issue has led to low mo- 
rale and widespread moonlight- 
ing. 


JAPAN: Confusion Clouds New Political Upheaval 


Continued from Page 1 
parties getting together that 
happened to be in Lhe opposi- 
tion. “ 

Mr. Mu ray am a, meanwhile, 
who led the Socialists in aban- 
doning their platform of leftist 
policies, has been str ugglin g to 
halt a movement to disband 
and re-create the party as a cen- 
trist alternative. The fear is that 
such a move could force the 
current government to collapse 
and that it could alienate the 
party’s old leftist wing, of which 
Mr. Murayama is a member. 

The Socialist rebels have sug- 
gested they might compromise 
by voting on dissolution soon, 
but holding off on actually dis- 
banding the party until mid- 
1995. But that option leaves few 
party members happy. 

Perhaps the most striking as- 
pect of this increasingly frantic 
realignment is that the voters 
have had no opportunity to in- 
fluence iL 

In the last 18 months, the 
country has had three prime 
ministers, three cabinets, the 
complete redefinition of the So- 
cialist Party and the enactment 
of several laws fundamentally 
reworking the election system, 
and yet there has been no elec- 
tion since July 1993, when the 
ferment was just commencing. 

Ikuo Kabashima, a political 
scientist at Tsukuba University 
who runs polls on voter atti- 
tudes. said the Japanese had 
shown a growing disillusion- 
ment with all the parties. The 
number of Japanese who say 
they do not support any party 


has soared, from 37 percent at 
the beginning of this year to 5S 
percent in his latest survey. 

“Simply put, there's a great 
deal of confusion about who to 
support,” he said. 

Mr. Murayama has proven 
more popular than expected 
when he was plucked from ob- 
scurity last June and became 
the first Socialist prime minis ter 
here since the 1940s. But his 
popularity apparently results 
from the fact that his grandfa- 
therly demeanor is un threaten- 
ing and even calming. 

Some subtle but important 
policy differences have emerged 


between the governing coalition 
and the politicians forming the 
New Progressive Party. The So- 
cialists and Lhe Liberal Demo- 
crats have agreed on a sharp 
reduction in the growth of de- 
fense spending and deregula- 
tion of the cossetted economy, 
and have taken a very cautious 
approach toward the possibility 
of Japan's becoming a perma- 
nent member of the United Na- 
tions Security Council. 

The New Progressive Party 
members have pushed for a 
greater role for Japan interna- 
tionally, especially militarily, 
and a more thorough campaign 
of economic deregulation. 


INTERNATIONAL TELEPHONE COMPANY 
WORLDWIDE CALL BACK 
SYSTEM 

Now offers Direct Dial to anywhere 
in the world at CTaJI Back Prices. 

Fax JSc. Data can also be used with 
ITC's Direct Dialer. 


Needed 

W o r | cl w i d e 
For Call Back C'all Confers 
imcl Prepaid Callinj*' Cards 
Iri,t'5Tnational ixncl Domest io 


International Telephone Company 
290 Pratt Street 
TvTerideri, CT 06450-21 1 8 
1 1 800-63 8-55 5S ext. Ill - 203-238-9794 
Fax:203-929-4906 



FRENCH 
COMPANY HANDBOOK 

i994 


*T» fk MUNlhnu M » g 

ItcnilOfi^Mtnbunc. 


5 B F - PARIS BOURSE 


Published by the International 
Herald Tribune, in coordination with the 
Paris Stock Exchange, the 1994 edition 
includes detailed profiles of all the 
companies in the new SBF 120 Index. 

Launched in December 1 993, the 
SBF 1 20 is made up of the CAC 40 plus 80 
other major firms. Its stocks gained 32.8% 
last year, making these the companies to 
watch in the coming years. 

Each profile includes: head office, 
CEO, investor relations manager, 
company background and major activities, 


recent developments, sales breakdown, 
shareholders, subsidiaries and holdings in 
France and internationally, 1°89-1993 
financial performance, and recent stock 
trading history. 

French Company Handbook is 
updated annually for financial analysts, 
institutional investors, corporate, 
government and banking executives, 
documentation services - anyone who 
needs to know about the leading 
companies in the world’s fourth largest 
economy. 


AjSLramoE • • 

. «rjrretj &smm. 

AKA 

WVESTTSSfiSSENT . 

tar . 

jjpjjj 

'm-mmt-waviotoaxES. 



:SBsr 


'{MAC 

oocKsee***^..-,.. 

• EttttGE v - ’ 

tmam/caem#. . x ,._ 



.satco 

or* 


SJjCQS 
' SOOBtt cij^RAtC 

sooano 


o&ceum ' 
asmofmaoKSf 


tt&mcosaiMtf* 

rawacHftNpras 

TSSSSSS?' 

Off 1 

eero£»*' ; - • 

\ca» ■ . 


ewanawa . ' •• 

FttffiftCCH) M&KAS . , 

CAN 

CM &tawec .. 

CBMftattPosE, v , 

GtWENKC ETCASCD6NS 


®wgnco««oir ‘ . .. 

BttUXta . • 

tAUSDOUTE ;• 

.'t&tteomsam • 


•sre-fwiiciwufls 

snURnmotM 
■gap • ' ’ 

'SWIUEIABO ■ 

-UAP 
UK 


at 


OUBMfiWTEWWNNfe. ■■ 

‘/OEMS 

a»owsmwtetm. 


;v. 

: 


v ! v smtr-coMH 

' * « . $M»UWS 
- -meMOtiSK 

: 

• '• seweasst ■ 
<• .3 *SA . 

"v ■ 


PUS THESE C 0 M?A«g& 
■IZMiMSnB. 


^ DC FRANCE . 
Of l . . . 

C*ZO£ FRANCE 


s*r 


Return your order to International Herald Tribune Offers. 
37 Lambton Road, London SW20 OLW, England. 


25-11-94 


For faster service, fax-order to: 144-81 } 944-8243 

Please send me copies of French Company 

Handbook 1994 at UK£50 (US$751 per copy, including 
postage in Europe. 

Three or more copies, 20% reduction. 

Outside Europe, postage per copy; North America/Middle 
East £3.50. Rest of world £b. 

Please charge to my credit card; 

□ Access - □ Amex □ Diners 

□ Eurocard □ MasterCard DVisa 


CARD N c 


.EXP. 


SIGNATURE 

l necessary lor credit card purchases! 
NAME UNMOOR inTTHSl 

POSITION 

COM PAN Y 

ADDRESS 


CITY COUNTRY/CODE 

COMPANY EC VAT ID No 







'■Pit. 


Page 8 


FRIDAY, NOVEMBER 25, 1994 


opinion 


Heralb 


INTERNATIONAL 



(tribune 0,1 Bosnia > Futile Polic > Qin Send 0ld ' 

VI IVUIH. .. tv,- to tbe Bosnian government, P’^^cSeDiutiouslydeiuaxKJed be de- 


; lf ' 


j * 

fl* ' * 


PUBIJSHHJ WIT1I 111* XF» YORK TlMKS \\U TMf. WANIIIMiTtWV iYIST 


P ARIS — This week’s events again de- 
monstrate the futility that has overtak- 


A Good Deal on Trade 


President Bill Clinton and Senator 
Bob Dole have struck a deal on the trade 
bill that is a credit to both of them. 

When President Clinton inherited the 
world trade negotiations begun by Pres- 
ident Ronald Reagan and continued by 
President George Bush, he turned away 
from the protectionists in his own party 
and, a year ago, pushed those negotia- 
tions to a conclusion that will serve the 
United States well. The trade bill em- 
bodies that agreement. Mr. Dole has 
now secured the Clinton administra- 
tion's assurances on several points that, 
worried him and is throwing his very' 
substantial weight behind the bill. 

To judge the value of the trade bill to 
the United Slates, keep in min d that it 
triggers a worldwide agreement that 
mainly benefits exporters, and that the 
United States is the world's biggest ex- 
porter. The country is one of many, rich 
and poor alike, that axe counting on 
increased exports to raise their people's 
standards of living. 

Much of the debate has been revolv- 
ing around the (erroneous) claim that 
the trade agreement will diminish Amer- 
ican sovereignty. That claim has been 
argued in almost exactly tbe same terms 
that an earlier generation of isolation- 
ists, almost half a century ago, employed 
to warn that joining the United Nations 
would d imini sh American sovereignty. 

In the present case, tbe president and 
Senator Dole have agreed to set up a 
commission of American judges to mon- 
itor the new World Trade Organiza- 
tion's system of settling disputes. If the 
WTO dispute panels exceed their legal 


authority, as the opponents say they 
fear, the monitors will blow their whistle 


fear, the monitors will blow their whistle 
and, if it happens three times in five 
years, any member of Congress can in- 


troduce legislation to pull the United 
States out of the organization. Fair 
enough. That Is pretty unlikely. 

Another point in the administration's 
deal with Mr. Dole affects The Wash- 
ington Post directly. To raise revenue, a 
provision was put into the trade bill 
affecting the price of a broadcasting 
license in which The Washington Post 
Company has an interest The adminis- 
tration has agreed to review the price 
and, if it is unfairly low as some compet- 
itors charge, to support legislation rais- 
ing it That price has already been raised 
hugely but again, fair enough. As we 
have said before, we supported this bill 
long before the license provision was 
stuck into it and we continue to support 
it regardless of the outcome of this issue. 

Mr. Dole wisely dropped his attempt 
to link his support for the trade bill with 
administration backing for a capital 
gains tax. On that one, the administra- 
tion simply said, correctly, that the two 
issues are unrelated. 

When Congress votes next week on 
this bill, its decision will reach well be- 
yond trade and economics. As the de- 
bate has developed in recent weeks, it 
has swung back to that old American 
question, whether to pursue national re- 
sponsibilities throughout the world or to 
retreat within the borders of the United 
States. A vote for this biU will be a vote 
for active international leadership by 
America, and not in trade alone. 

This deal between Mr. Clinton and 
Mr. Dole greatly improves the prospect 
for passage. As Mr. Dole said, “There 
should be a big, big vote — not a narrow 
vote, but a big margin, a bipartisan mar- 
gin as we've always had when it came to 
votes on trade." 


— THE WASHINGTON POST. 


Russia’s Nuclear Gamble 


For more than three decades, we now 
learn, Russia and the former Soviet 
Union have secretly pumped huge 
amounts of radioactive waste into the 
earth. The goal was to sequester the 
lethal wastes far from possible contact 
with humans. But already there are signs 
that some wastes are seeping beyond the 
original confines. 

Nobody knows whether an environ- 
mental catastrophe is in the making — 
or whether the Russians have found a 
waste disposal solution which, in their 
own context at least, is better thaa previ- 
ously tried alternatives. 

This is a vast environmental experi- 
ment whose consequences may not be 
known for decades or even centuries. 

The underground injection program 


was first vaguely described by Russian 
scientists at a symposium in May. It bas 


scientists at a symposium in May. It bas 
been brought to wider public attention 
by William J. Broad of New York Times 
(FHTNov. 22). 

The program was begun after surface 
storage of the wastes had met with de- 
vastating setbacks, including the explo- 
sion of one waste disposal facility and 
leaks from waste reservoirs and ponds. 
So the Russians turned to underground 
storage at three widely dispersed sites. 

They drilled injection wells and 


pumped the wastes at high pressure into 
porous sandstone layers, surrounded at 
least in part by layers of shale and clay 
that impede 'migration. Observation 
wells were also drilled, to help monitor 
any movement of radioactivity through 
underground waters. 

But there are some signs of trouble 
already. Last year an environmental 
group charged that major faults in the 
ground at one site had allowed radio- 
active materials to move up toward sur- 
face waters. And Russian scientists re- 
ported in May that wastes injected at 
one site penetrated through fractures in 
a thin limestone layer. 

AH three sites are near major rivers 
that could spread the contamination. 
The greatest danger, all experts agree, is 
to the surrounding region in Russia it- 
self. The rivers could also carry some 
radioactivity to the Arctic Ocean and 
beyond, but it would probably be too 
diluted to pose much hazard. 

With so much waste buried irrevoca- 
bly, the task now is to monitor it — to 
get early warning of any impending ca- 
tastrophe or, if things go well, derive 
lessons that might help the United 
States’ own more cautious but stalled 
waste program. 

— THE NEW YORK TIMES. 


Denigrating the Poor 


The poor, particularly at election time 
in America, are routinely demonized for 
political gain. Their exploitation in this 
way has brought us to a cruel place in 


way has brought us to a cruel place in 
tbe political landscape, a place where 
Americans — conservative, moderate 
and liberal — are finding it frightening- 
ly easy to blame the poor for their own 
fate, even though that means condemn- 
ing millions of children to poverty, hun- 
ger and hopelessness. 

Given the savagery of the climate, it is 
useful to note what the Roman Catholic 
Church is saying in response. 

The church, through its efforts to feed 
and house America's poor, is intimately 
familiar with the problem of poverty. Of 
late, its most compelling voice bas been 
that of the archbishop of New York, 
Cardinal John O’Connor, who last 
month lashed out at politicians who car- 
icature the poor for political benefit. His 
observations last month in his column, 
published in the newspaper Catholic 
New York, merit extensive quotation: 

“Cuts in serving the poor are the cuts 
most vehemently demanded and most 
popularly accepted because tbe poor 
have been so grossly caricatured, easy to 
blame, easy to hate.” 

He continued: “ ‘The poor are poor 
because they want to be poor,' because 

‘they don't want to work' such are 

the cliches by which the poor can starve 
to death . . . WU1 we be proud of our- 
selves to know that we have saved mon- 



International Herald Tribune 

ESTABLISHED 1887 

KATHARINE GRAHAM. ARTHUR OCHS SULZBERGER 

Co-Chairmen 

RICHARD McCLEAN. Publisher A Chief ErmHiir 
JOHN VINQCUR. Executive Ei&ar «5 VexPreadera 

• WALTER WELLS, Non Editor • SAMUEL ABT, KATHERINE KNORR and 
CHARLES MrrCHELMORE. Deputy E&ors • CARL GEWTRTZ. Associate E£kw 

• ROBERT J DONAHUE. Editor r 4 the EtStonaf Pages • JONATHAN GAGE, Business and finance Editor 

• RENE BONDY. Defies- Puhtisher • JAMES McLEOD. AdvaddnR Dim tor 
•JUANTTAI.CASPARLAiffc/Jiufiww/ nnetj/mentDimlnro ROBdKT FARRE. Cimkairwi DinrMir, Europe 

DtmieurJe hi Pubikanem: Richard D. Smtnra 
Dim few Adjoint tic kt PiMkiaian: K,ahariiut P. Damn *■ 


liULfrediiwuI HeraU Tribune. 181 AwmieCharievUe-Gaulk^ 92521 Neuilly-sur-Seine, France. 
Tel : 1 V.UXl Fax : Grc. ‘Kj.TUfcJi I; Adv. 46^7.-52.11 Intern* IHT<?eun*onue 


Edih>rfi>r Aw Mkhacl fErhiinkin. 5 Cmtrrfvn Rd. Sngppon (1511. TeL IftSl 472-77Ni fire 274-104 

Afiii* l Mr. Avu Roif I) KmvnJiL .Vi Gian rarr RiL Hmg TtL 852- t C22-t I5R Ftic /(C-V222-/MJ. 

l>r« Mur ijftnjrBn ■ T. hnrdntimr IS. (W.C.1 Fnutfitrt/M. Tri HUM 72 67 55. FtK W 72 7J lu 
rm.CS. Mk-htri tin™. I&i TIunlMr. New York. N.Y OTC2 Tel 1212 \ 7S2-.WJH. F.oc (212) 755W5 
C K Adirrusinn Olfwr A < Lm* 4i re. Urn, hut WC2 Tel. ttl7h *56-41102. Fax: fM 1 1 240-2254. 
.\ A ait 1 iijnin! Jr I 200.000 I RCS 1 V 111 item H 752021 126. O'Wnisxitm Pantaire Nn. 61557 
|_ * /' W. hurnunni Herald Tribute. AS righto rrvtved. ISSN: 02WC52. 


I xnonatraie the futility that has overtak- 
en Western policy in what was Yugoslavia. 

NATO's air strikes in retaliation for 
Serbian attacks on besieged Bihac, and 
against missile sites firing cm NATO 
planes, were, at the demand of the United 
Nations, meticulously planned to do mini- 
mal damage. They were supposed to be 
“signals" — a message to the Serbs. 

A UN Protection Force spokesman in 
Sarajevo characterized Monday's raid as 
“not punishment but prevention.'' But 
what did it prevent? What did that mes- 
sage actually say? 

That if the Serbian forces continued to 
violate the Bihac “safe area" and the air 
exclusion zone, NATO would strike hard- 
er? As of late Thursday, the Serbian forces 
attacking Bihac, in defiance of its status as 
a UN-proclaimed “safe area.” were con- 
tinuing their operations unimpeded by 
NATO, or by the UN Protection Force. 

A part of that force, a poorly equipped 
Bangladeshi unit, was caught inside Bihac, 
and other detachments now had been tak- 
en hostage by the Bosnian Serbs. 

General Michael Rose, the UN com- 
mander in Sarajevo, supplied the real mes- 
sage on Thursday by saying be was still 
optimistic about salvaging what he was 
pleased to describe as “the peace process." 

So long as UN Protection Force troops 
are among or near Serbian forces, they are 
hostage to the Serbs — and the United 
Nations, as well as the principal European 
NATO governments, will block any 
NATO action which could provoke Serbi- 


By William Pfaff 


an reprisals against those troops or against 
the humanitarian aid agencies. 

After the lessons learned from a policy 
of “sending messages" to the enemy in 
Vietnam — limited bombing operations 
meant to modify enemy conduct through 
the threat of escalating violence to follow 
— one might have thought that the very 
expression would have been banned from 
the military vocabulary. 

Those messages never had the intended 
effect, except when compliance suited the 


The helper becomes complicit 
in the crimes behind the crisis. 


The signal 10 tne r-oneress osteniauuu^j 

whicb stiff seems to harbor fllusonsabout ^ ad/mmstranan to 

the possibility of a significant £“55*8 Congress this month now, having been 

intervention on Bosnia s behalf, * °« ld delivered, find no response from those who 

have been read as “Forget the Wes fj would have to vote for them. 

All of this follows from the conflicting utiv e Newt Gmgncfa, expcct- 

European and American a tntudes toward leader of the House of Rep- 
tile war, and from the <^trary Poba« says of the plans fwammg 

thereby produced. Europe s pnmaxy pohey ^ g^an army ‘Frankly, 

objective — essentially that of France and imagine why we would go m and 

Britain, the principal contributors to the - d ^ kind of money. Bosnia is 

UN force — has been protection ofUN g^XaEiBopew problem.” 
soldiers and aid workers. The European lai g^ ianita riJnintervention has been 
governments may differ cm how belligerent . s substitute for a political Mid stra- 

NATO should be m defending the ur^ directed toward punishing ag- 

force, but they agree that u * Session and defending the rule of inter- 

This obviously is not how the Europeans This now has to be 


strategy of the Vietnamese Communists. 
They, like (he Bosnian and Krajina Serbs 
today, had a fixed strategy and flexible 
tactics, and fundamental contempt for an 
opponent fin Bosnia, the United Nations) 
confused by their way of making war and 
without the stomach to fight U their way. 

The actual message to the Serbs of Mon- 
day’s attack was “Don’t take this serious- 
ly.' 1 The message of Wednesday's raids on 
miss ile sites was “Shoot at others but not 
at NATO." The intended message to West- 


started out. The governments which nave 
sent soldiers were moved by the honorable 
pm hition, largely achieved, to so ™ e 
good for the victims of the war, and by the 
hope, which has been thwarted, of broker- 


era publics was: “See how strong yet con- 
trolled NATO and the United Nations can 


trolled NATO and the United Nations can 
be; something is being done about Bihac. 
Sarajevo and the war. A few more months 
and the peace process wQ] work ..." 


ing a settlement. , 

America’s policy now is to distance itseJi 
from European policy, sc* as to avoid the 
opprobrium of complicity in nonaction to 
help the victims of aggression. But Wash- 
ington does not itself intend to do any- 
thing for those victims that would involve 
any significant cost to the United States,_or 
that would upset an American pubbe opin- 
ion which, in this month's midterm elec- 
tions, confirmed its reluctance to see 
American forces intervene abroad. 

The new Republican leaders of Con- 
gress were lions of righteousness when _m 
opposition, attacking the Clinton adminis- 
tration for failing to save Bosnia. The draft 


mrcssjon and defending the rule of inter- 
national law. This now has to be 
acknowledged an enormous error, with 
grievous consequences for the people of 
Yugoslavia, and paralyzing ones for the 
Europeans — and for the Western alliance. 

The Europeans, by substituting humani- 
tarian aid for political policy, put them- 
selves in the power of the aggressors, and 
now must rationalize a situation in which 
they can be accused of a form of objective 
collaboration with aggression. No one 
tikes to say this, but it is true. 

It is imperative to recqgnize that an 
inherent danger in all humanitarian oper- 
ations of this kind is that the one who 
helps becomes complicit in the crimes 
that provoked tbe crisis. This is as true in 
Rwanda and Zaire as in Bosnia. The mis- , 
take should not be made again. 

International Herald Tribune. 

© Los Angeles Times Syndicate. 


Trans- Atlantic Suspicion and Bickering in the Bosnia Policy Void 


P ARIS — The renewed crisis in 
Bosnia, openly pitting Bos ni- 


cy on the bellies of the starving? Will we 
ease our consciences by asking with 
Scrooge, ‘Are there no prisons? Are 
there no workhouses?’ ” 

About the cruel stereotyping of tbe 

5 ioor, the cardinal said: “It is increasing- 
y rare for many of us ... to believe 
that people can be poor but honest, poor 
but deserving of respect. Poverty is no 
longer blamed on anyone but the poor 
themselves. Contempt for the poor has 
become a virtue." 

These views were underscored last 
week at the National Conference of 
Catholic Bishops, meeting in Washing- 
ton. Its president. Archbishop William 
Keeler of -Baltimore, warned against 
“punitive welfare provisions” that 
would destroy fragile families and bury 
children deeper in poverty. 

He said the bishops' opposition to 
such cruelty was not partisan, but based 
on the church's teachings about “the 
dignity or life.” He put the church 
squarely on the side of the vulnerable. 

By all means, reform the welfare sys- 
tem, end the cycle of dependency, put 
able-bodied people to work. But politi- 
cians also need to remember that the 
country has a moral obligation to feed 
and protect those who cannot feed and 
protect themselves. Even trying, we fall 
short of that mark. If we cease to try at 
all. we inflict needless human suffering, 
and become less of a society as we do. 

— THE NEW YORK TIMES. 


T Bosnia, openly pitting Bosni- 
an Serbs against the United Na- 
tions, will doubtless provoke an- 
other NATO attack, providing 
the appearance of at least a tem- 
porary agreement among the al- 
lies. But there is no sign that un- 
derlying issues which divide them 
are being resolved. 

French Foreign Minister Alain 
Jupp6 has defined his country's 
quarrel with the United States 
over Bosnia as whether to stop 
the war by insisting on negotia- 
tions or to renounce intervention 
and let the belligerents fight it out 
as best they can. 

It is a way of saying that 
France, along with Russia and to 
a lesser extent Britain and Ger- 
many in the five-state Contact 
Group that includes the United 
States, is responsibly pursuing the 
search for peace. The Americans, 
in this view, have decided to sup- 
port Bosnia, but not at the risk of 
a single American life. 

The United States, on the other 
hand, is suggesting that the Euro- 
peans are irresponsibly helping to 
keep the war going by refusing 
decisive action and professing 
neutrality tempered by humani- 
tarian concerns. 

The strains are becoming seri- 
ous, reviving the atmosphere of 
angry suspicion between Paris 
and Washington that only eased 
recently. They provoke dark con- 
spiracy theories which undermine 
NATO, just when the alliance is 
worrying about its loss of credi- 
bility in the first combat duty it 
has ever faced. 

It is generally accepted that tbe 
only hope of finding an acceptable 
settlement to the war is for the five 
outside powers to stick together on 
a dear line that cannot be success- 
fully challenged. The trouble is 
that none of them has a clear line, 
so they impugn each other. 

For most of this year, French 
offidals have been insidiously 


By Flora Lewis 


by parachute, of providing mili- 
tary trainers and aerial and satel- 


lite intelligence, even a sea-borne 
command post linked to the Bos- 
nian command. 

Confronted by U.S. military 
offidals. tbe French military say 
they have no proof but “indica- 
tors” which they believe. UJS. of- 
ficials, from President Bill Clin- 
ton on down, have denied the 
charges that the United States bas 
deliberately broken the military 
embargo, which would be in vio- 
lation not only of UN resolutions 
and NATO agreements but prob- 
ably also of U-S. law. 

Even after issuing the coagres- 
sion ally mandated order against 
enforcing the embargo with U.S. 
units, Mr. Clinton said the Unit- 
ed States was not defying it. The 
media on both sides have been 
curiously passive, making no en- 
ergetic effort to verify or disprove 
the accusation. 

Meanwhile, it is souring rela- 
tions between the French and 
American rmlilanr, who stayed on 
good terms throughout the previ- 
ous period of political attack and 
counterattack. A U.S. source has 
said sadly that the French mili- 
tary think senior Americans 
whom they would like to believe 
are lying to them. 

This is not the classical game in 
Balkan conflicts of outside pow- 
ers pursuing their conflicting in- 
terests by trying to manipulate 
Balkan proxies. On the contrary, 
their prime common interest is to 
end the war and get a solution. 

But layers of tangling circum- 
stance have piled up, obscuring 
the common interest 

U.S. refusal to get directly in- 
volved drove the dithering, em- 
barrassed Europeans to look to 
the United Nations for interven- 
tion, which meant accepting UN 
constraint on when to take retalia- 
tory or punitive action. There are 
now some 23.000 UN "peacekeep- 
ers" in former Yugoslavia, nearly 
half of them French and British. In 


though never quite openly accus- 
ing the United States of secretly 
supplying arms to the Bosnians 


the U.S. view, they have become 
hostages rather than protec toes. In 
the European view, the United 
States is prepared to be feisty at 
the risk only of others* lives. 

NATO is working now- on con- 
tingency plans for the evacuation 
of endangered UN forces. The 
United Slates, whose help would 
be essential to avoid disaster, bas 
agreed to provide it. But members 
are quarreling about who would 
command the operation, a rever- 
sion to past polemics likely to get 
worse when the newly elected 
U.S. Congress wades ini 


Senator Jesse Helms, expected 
chairman of the Foreign Rela- 
tions Committee, regularly thun- 
ders his opposition to the United 
Nations, to peacekeeping and to 
putting any U-S. troops under 
foreign command. 

Meanwhile, vested interests 
have arisen in the course of the 
war which add to the complica- 
tions. An example was the after- 
math of the seizure in Zagreb of a 
planeload of arms from Iran des- 
tined for Bosnian Muslims. 

Croatian officials are well re- 
warded when they blink at such 
shipments, and Croatian forces 
regularly help themselves to one- 


third of whatever does get 
through as “tolls.” The shippers 
said that if the supply route real- 
ly was cut, “it will cost us a lot 
more but we will send the goods 
through the Serbs.” That was a 
credible threat. No more seizures 
have been reported. 

The public bears arguments of 
moral passion and strategic anal-, 
ysis from the statesmen. But the 
arguments are driven by obstruc- 
tions of the moment, maneuver 
for position, short-term calcula- 
tion. The statesmen haven't made 
any policy, so they argue aboat 
everything dse. 

Flora Lewis. 


The Euro-American Alliance Weakens 


W ASHINGTON — The UN- 
authorized NATO air ai- 


VV authorized NATO air at- 
tack on Monday against an air- 
field in Serbian-held Croatia was 
not what Americans call “deci- 
sive force." 

U.S. Admiral Leighton W. 
Smith, NATO commander in 
Southern Europe, said of the 
raid: “If I wanted to put that 
airfield out of commission, and to 


Bv Jeane Kirkpatrick 


The complex inefficacy of 
UN operations in Bosnia 
is nearly unbearable : 


make sure nothing ever took off 
from it again, we would ha%e tak- 
en out all the aircraft . . - We 
would have hit their ammunition 
dumps and we would have taken 
out all tbe buildings anywhere 
around that airfield. And we 
could have done that" 

The UN secretary-general's per- 
sonal representative, Yasushi Aka- 
shi, reacted differently. He hoped 
aloud that Serbs would not be em- 
boldened by these "limited, neces- 
sary, proportionate responses." 

“We are in a very sensitive and 
delicate situation,” he said. “If we 


Cambodia’s Leaders Aren’t Leading 


P HNOM PENH — Nearly 18 
months after the euphoria 


1 months after the euphoria 
generated by United Nations- 
sponsored elections, doubts 
about Cambodia’s future are 
widespread. What seemed such 
a promising new start in May 
1993 has been compromised by 
a series of developments. 

Since the 1993 elections there 
has bee a an attempted secession 
and a failed coup, both involv- 
ing Prince Chakrapong, a one- 
time ally of present Co-Prime 
Minister Hun Sen. This year the 
Cambodian army suffered two 
major reversals that drew atten- 
tion to their bloated size, unpro- 
fessional leadership and reputa- 
tion for corruption and human 


By Milton Osborne 


rights abuses. 
The Khmer 


The Khmer Rouge, despiLe a 
drop in the number of their 
men under arms, continue to 
control more than S percent of 
the population and deny gov- 
ernment forces access to much 
of the countryside. 

Any hope that Cambodia’s 
longtime leader, Norodom Si- 
hanouk, now reinstated as king, 
could provide solutions have 
faded as he battles cancer in 
Beijing Besides, his own actions 
after the UN -sponsored elec- 
tions suggested that be was far 
from ready to give up the dream 
of once again both reigning and 
ruling in Cambodia. 

Clearly, the elections left ma- 
jor problems unsolved. First, 
and most obvious, they did not 
neutralize the Khmer Rouge. 

After opting out of tbe elec- 
toral process, the Khmer Rouge 
became a potent force for de- 
stablization. The followers of 
Pol Prt are not supermen, nor 
are they about to march into 
Phnom Penh, but they can act 
as wreckers. 

This is the more so because of 


the fragile character of the gov- 
ernment in Phnom Penh, a co- 
alition of two parties that were 
mortal enemies until a peace 
settlement was signed in Octo- 
ber 1991. Moreover, it is a coali- 
tion in which the balance of 
power does not reflect the way 
Cambodians voted last year. 

The royalist Fimdnpec party 
polled 45 percent of the vote to 
the ex-Communist Cambodian 
People's Party's 38 percent. Yet 
in terms of key ministries held 
and control of the administra- 
tion and armed forces, power is 
firmly in the hands of the CPP. 

Funcinpec’s role was further 
weakened with the recent dis- 
missal of the widely admired 
and incorrupt minister of fi- 
nance, Sam Rainsy. and his 
dose colleague, the foreign min- 
ister, Prince Norodom Sirivudh. 
Their leader. Prince Ranariddh, 
the most senior of the two co- 
prime ministers, has shown little 
readiness to defend his fellow 
party members, which suggests 
that his energies are increasing- 
ly directed to shoring up his 
own position, to the exclusion 
of other considerations. 

Against this background. 
Western nations are considering 
expanding their aid programs to 
the Phnom Penh government, 
and in particular to Cambodia's 
armed forces. Although they in- 
sist that the army must adopt 
serious measures of reform, 
there seems every likelihood 
that the United States, France 
and Australia will increase their 
cumently modest programs of 
aid to the military before much 
change is achieved. 

Such aid is unlikely to bring 
sudden improvement The hab- 


its of military extortion and oth- 
er abuses are too deep-seated 
for (hat to happen. 

Nor are the Khmer Rouge 
likely to cease to be a malevo- 
lent force for instability. They 
are too entrenched in their re- 
doubts, too well armed and un- 
likely, despite the protestations 
of innocence from Bangkok, to 
be quickly denied assistance 
from elements in the Thai army. 

Most important of all the fac- 
tors that will influence tbe fu- 
ture, there seems no reason to 
expect that tbe government in 
Phnom Penh is yet ready to 
place a commitment to national 
renovation above personal and 
sectional interests. 

That this is so is reflected in 
the complacent acceptance by 
the ruling elhe of the yawning 
gap between their privileged 
lifestyle and the grinding pover- 
ty of the urban and rural poor. 

Foreign observers who are 
shocked to find that the Khmer 
Rouge still survive, despite 
their past record, are even more 
disturbed that students in the 
capita] express sympathy for a 
group that almost aJi outsiders 
condemn. Tbe explanation for 
this apparent paradox lies in 
the perception that, whatever 
their past, the Khmer Rouge of- 
fer an incorrupt alternative to 
the government and its army. 

A solution to Cambodia's ills 
wiu be achieved only if its lead- 
ers show a readiness to tackle its 
problems. As yet there is little 
evidence of such resolve. 


did not act, we would be viewed 
as incompetent and spineless. But 
if we acted too vigorously we 
could provoke an escalation lead- 
ing to tragic consequences ..." 

In fact, the tragic consequences 
were not long coming. Having 
concluded that NATO was inca- 
pable of acting, Serbian forces 
resumed their murderous attacks. 
Bihac and surrounding villages 
were again bombarded with tanks 
and a helicopter gunship. Sur- 
face-to-air missiles were fired at 
British planes. .And Bihac is now 
completely surrounded. 

French Foreign Minister Alain 
Juppe told television viewers that 
events in Bosnia raised serious 
doubts about whether NATO 
could assure European security in 
the post-Cold War world. “Never 
has NATO . . . appeared so little 
capable of maintaining security 
on the old Continent Never have 
events in Bosnia shown it in 
so bad a light” 

Better an all European security 
force. Mr. Juppi opined, or a Eu- 
ropean pillar in NATO. In Wash- 
ington, too, such questions are 
beginning to be mired, and not 
only among isolationists. 

Serbia's war against Bosnia 
puts a heavy strain on the Euro- 
American relationship. Almost 
from the beginning there have 
been differences in the reactions 
of Europeans and Americans. 

Many Americans axe sympa- 
thetic to Bosnia Many Ameri- 
cans see Bosnia as the victim of 
Serbian aggression, ethnic cleans- 
ing and conquest, and want to 
help — but without becoming in- 
volved m a ground war. 

Sending peacekeepers dearly 
does not solve the problem. 

Most Americans are indiffer- 
ent to the British, French. Rus- 
sian and other concerns with tbe 
rights and wrongs of the 14th cen- 
tury, nor do we care about Euro- 
pean spheres of influence. We 
care about people being driven 
from their homes, about civilians 
being bombed, strafed, burned, 
frozen. We care about pillage, 
rape and murder. 


We do not believe in neutrality 
as between aggressors and victims 
— that is why we opposed Adolf 
Hitler and Saddam Hussein. We 
do not believe that member stateqtf 
of the United Nations con be le- 
gally or morally denied the right 
of self-defense as is done when an 
arms embargo is enforced against 
Bosnia. That is why America wfll 
no longer enforce the embargo. 

Americans who feel as I have 
described are found in both par- 
ties. Top officials of the Clinton 
administration, including the pres- 
ident himself, share these views 
(although deference to Frencb- 
British sentiment has largely 
blocked U5. support from the 
Clinton administration). On the 
Republican side, Robert Dole has 
led a campaign to oppose ethnic 
cleansing and to lift the arms em- 
bargo, so as to give the Bosnians a 
chance to defend themselves. 

Of the real and growing differ- 
ences between Americans and Eu- 
ropeans, Ambrose Evans Pritch- 
ard wrote in The Daily Telegraph 
in London: “Something has finally 
snapped in tbe relations between 
the United States and Britain. The 
irritation that has been festering 
over Balkan policy for three years 
has reached the point of irrepara- 
ble rift ..." 

NATO, he opifies, is finished, 
and with it the intimate British- 
American relationship that has 
existed since World War II. 

The causes for this rift are dif- 
ferences on Bosnia and American 
impatience with the United Na- 
tions, in its current mode. The 
chains of command and control, 
the unrealistic rules of engage- 
ment, the complex inefficacy of 
UN operations are nearly un- 1 
bearable for us. No U.S. presi- 
dent can long co mmi t his country 
to such policies and operations. 

■P Las Angeles Times Syndicate. 




- . ,s r 
/ ■’ 

• - T 


Ti.: r 




■ v . 


Letters intended for publication 
should be addressed “ Letters to the 
Editor" and contain the writer's 
signature, name and fidl address. 
Letters should be brief and are 
subject to editing. We cannot be 
responsible for the return of unso- 
licited manuscripts. 


PS OUR PAGES; 100, 75 AND 50 YEARS AGO 


1894: China Seeks Trace 


SHANGHAI — Details of the 
capture by the Japanese of Port 
Arthur are now coming in. C hina 
has despatched a special agent to 
Tokio with instructions to sue for 
peace. China will consent to ac- 
cept almost any terms her con- 
queror may demand short of actu- 
ally oeding to Japan any portion of 
the territory of China proper. 


nie&h barrier that has been erected 
in the detention pen to separate 
the prisoners Front their visitors 
was not removed they would not 
attend the hearings now being 
conducted by the House Commit- 
tee on Immigration at Ellis Island 


1919: Tleds’ on Strike 


The writer, a former Austra- 
lian diplomat who served in 
Cambodia, is author oj the re- 
cent book “Sihanouk: Prince of 
Light, Prince of Darkness. ” He 
contributed this comment to the 
International Herald Tribune. 


NEW YORK — [From our New 
York edition:] The seventy self- 
proclaimed citizens of Soviet 
Russia who are awaiting deporta- 
tion proceedings cm Fills Island 
called a protest strike yesterday 
[Nov. 24} against the “undigni- 
fied treatment to which they are 
subjected by immigration offi- 
cials.” The “reds" in true Bolshe- 
vik fashion — through a commit- 
tee — announced that if the wire 


1944: Polish Struggle 

LONDON — [From our New 
York edition:] Premier Stanislaw 
Mfkola/czyk and his Polish gov- 
«nmen t-in-exile resigned tonight 
[Nov. 24] in what appeared to be 
a genera] collapse of the long 
struggle within that government 
to come lo terms with Russia on ^ 
the post-war status of Poland.* 
This sudden move by Mikolajczyk 
a °d his government came as a 
complete surprise to the usual “of- 
ficial Polish circles.” Now diplo- 
matic observers believe (ha t the 
hopes of a rapprochement be- 
tween the exiled administration 
and Moscow are as remote as ever. 



v 


1 






INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


Page 9 


OPINION 


# U.S. Troops on the Golan? 
Pick Your Favorite Version 

By William Ssfire 

Wife’S* 1 seated W his right, “is not 

him at tbc Israeli ambLs^wfriS J° ■ lhc P^^^ of Americaa 

dcoce, Prime MaS^YlSak^ . II 13 “ ol . a .^ or issue” 

bin took me aside to chS^ JS 6 ^ . ,t s no b »& deal 

opposing his desire for us Syrians, and it’s so disruptive 

OTOwdolanHdS^ US - 1X0095 to Israelis and Americans, then why 

those American troops on the Golan 
to sell your withdrawal from the Go- 
lan to the Israelis? 

“If I listened to public opinion 1 
Seert**™^f«?o£.T s wa £ ““ 0O!n wouldn’t do anything," be countered 

SgSKESS **»£!>-•-' 

Ginton, who foolishly 
has promised both Rabin 
and Assad to 'make the 
case 9 for apermanent 


DmsK»i.” rh ' ypropos< ^ awMe 

To check out that secret proposal 

to connmt 15,000 troops, I wSked 
over to Dennis Ross, who had been 


. Mr. Christopher, __ 
bin’s side in this dinner- 


Mr. Ra- 
te. asked 


would lose that case. 


pher. “Source says back in *91 you 
guys promised a whole division on 
the Golan — true?” 

“An American military presence 
was discussed with Prime Minister 
Shamir,” Mr. Ross admitted, “but 
no numbers were ever used. Shamir 
said, “Very interesting, m think 
about it,’ and later turned it down.” 

Went bade to Mr. Rabin «nH relat- 
ed the response. “Not only did they 
promise a division,” he said, redden- 
ing, “but a security pact as wdL You 
don’t believe me? Ask Shamir!” 

(Next day I called Yitzhak Shamir 
who said, “I always opposed U.S. 
forces to defend Israel, and I don’t 
remember any such proposal to m e, 
because I always opposed' withdrawal 
from the Golan.” Three memories 
conflict; go figure.) 

At the dinner table, with Mr. 
Christopher between us, Mr. Rabin 
charged dial I bad been “brain- 
washed by the Gang of Three” (a trio 
of Likud spokesmen). . 

I was deeply perturbed — not at 
my old friend Rabin, with whom I 
can disagree without rancor — but at 
my lack of notepaper at a newswor- 
thy moment. Chris came to the res- 
cue, dipping me one of the index 
cards be had used for his toast. = 

Did Israel really need the Ameri- 
cans on the border to make a deal 
jurith Syria? 

w “The gap in our negotiations,” the 
prime tnmiKter said, li ghting a ciga- 
rette that nearly asphyxiated Donna 


what my reasons were for opposing 
U.S. “monitors.” I said I would an . 
swer that in a col umn, and be smiled, 
“I withdraw the question." 

Some reasons are: (1) the United 
States would then become “neutral” 
in the struggles between Syria and 
. Israel, in lieu of continuing as Isra- 
el’s ally — a State Department Ar- 
abist's evenhanded dream; (2) the 
U-S. troops would become targets of 
terrorist attempts to upset the peace 
process; (3) Israel’s freedom of ac- 
tion would be compromised, with no 
preemptive action possible without 
U.S- permission; (4) America's ad- 
miration for Israelis as militarily 
self-reliant would be replaced by re- 
sentment about risking U.S. lives 
patrolling their borders. 

Mr. Rabin brushed all that off. 
“Menachem Begin set the precedent 
by arranging for American monitors 
in the Sinai,” he argued. But 
wouldn’t Golan units be at much 
greater risk? Chris slipped me an- 
other index card. “Just the oppo- 
site,” Mr. Rabin held He waved 
aside what happened to the U.S. 
Marines in nearby Lebanon. 

I tried to tdl him that if he bot- 
tomed his negotiation with Syria on 
being able to deliver American 
troops to the Golan, the negotiation 
would fafl. Bill Clinton, who has 
foolishly promised both Mr. Rabin 
and Hafez Assad to “make the case” 
for a permanent American border 
patrol, would lose that case. 

Why are senators who hold cre- 
dentials as unwavering supporters 
of Israel — Daniel Patrick Moyni- 
han, Alfonse D’ Amato. Bob Pack- 
wood — against an American trip- 
wire on the Golan? Why are they 
joined by most of Israel’s strongest 
defenders in the U.S. media? 

We are not against risks for 
peace; we are against imperiling the 
alliance between Israel and the 
United States. 

The New York Times. 



LETTERS TO THE EDITOR 


For a U.S. Parliament 

Given the results of the recent 
U.S. elections and the reduction of 
Bill Clinton's role to little more than 
a veto power, is it not time for the 
presidency to be abolished? 

That this office exists at all is an 
anachronism owing to America’s 
18th century constitution, which 
was put in place when kings and 
emperors ruled Europe and before 
the European democracies had ab- 
sorbed their executive powers 
into Parliaments. 

It is time the United Stales caught 
up. Such a change would end toe 
governmental warring that is ex- 
hausting America and dispiriting the 
electorate; would allow cohesive po- 
litical parties to develop; and would 
perhaps make Congress the world's 
great forum for public debate that the 
Founding Fathers intended. 

JOHN G. ROBERTS. 

Amsterdam. 

In line to Hmmp Clinton 

Regarding the report “Muslims 
Urged to Target Clinton ” (Nov. 21): 

When I read that Mus lims were 
being “urged to target Clinton,” 1 
thought, get in line. The U.S. presi- 
dent has been roundly attacked by 
the Republicans — nastily so by the 
likes of Newt Gingrich and Jesse 
Helms; obliquely by his own con- 
stituents in Congress, who kept their 
distance from the president in the 
November campaign; nibbled to 


death by the media; decried from 
pulpits of the Christian Coalition; 
and stiff-armed by European lead- 
ers who can’t decade whether the 
United States is too strong or not 
strong enough. 

I’ve decided to target the presi- 
dent, too. I'm targeting him for re- 
election in 1996. The simple reasons 
are (1) he's a statesman in a hayfield 
of loudmouthed politicians; (2) un- 
like the Christian Coalition, he real- 
ly does care for his fellow citizen, 
including unmarried pregnant wom- 
en, gays and the poor, (3) in two 
years, despite the deadly silence ac- 
corded their passage, long overdue 
legislation on important social is- 
sues has been written into law. I 
would like to see what the man 
conld accomplish, given a fair 
chance, in six more years. 

CAROL ALLEN. 

Paris. 

Short on Moral Authority 

Two main goals of the Clinton 
administration have been the partial 
disarmament of America and the 
provision of universal health care. 
These are admirable aims from any 
objective point of view. How then to 
explain the president's difficulties? 

Harry Truman once defined the 
major job of any American presi- 
dent as convincing people to do 
hard thing s “that they knew all 
along they should do.” 

It seems obvious that to perform 
that duty a chief executive must 


have a certain moral authority. Alas, 
whether or not the picture is fair, 
part of Mr. Clinton’s image is that of 
a bent Bible thumper, the sort of 
evangelist who fools around with the 
choir girls and who perhaps lifts a 
bit from the plate. 

Thus, he fails in his worthy ef- 
forts, and voters turn away. 

PETER AMBLER. 

London. 


Slovakia’s War Record 

Regarding “ Robert Paxton: 
France’s American Expert on Vichy ” 
(Features, Oct. 21) by Joan Dupont: 

Robert Paxton is wrong when he 
states that France was the only col- 
laborationist country to have deport- 
ed its Jews without the presence of 
the Germans. It shares that “distinc- 
tion” with wartime Slovakia under 
the leadership of Jozef Tiso. Hitler 
said: “It is interesting to note the way 
in which this little Catholic priest 
who calls hims elf Tiso sends the Jews 
into our hands." 

The Slovaks outdid the Vichy 
government by far. They paid the 
Germans 500 marks for every Jew- 
ish man, woman and child deported, 
incl uding my family. Their Parlia- 
ment was the only one in Europe to 
vote for deportation. 

At present, Jozef Tiso’s house is 
preserved as a national shrine. 

JACK GAR FEIN. 

Paris. 


Taking a Story for a Walk 
On a Special Day in Paris 

By Kyle Jarrard 


P ARIS — You knew when you 
saw them up there kissing that it 
was a special day. Way up there on a 
tower of Notre Dame in a blade of 
yellow sun. At the highest point they 
could be. Kissing with abandon. 

But it begins a week or so before 
in a department store basement at 
the staplers counter. The sales 
clerk, a square-headed older lady, 
scowls when she sees you coming, 
scowls as you check out the mer- 


MEANWHILE 

cfaa ndisc, scowls even when you buy 
a big one and two boxes of staples, 
say thank you and depart With that 
your one-man free fiction outfit is 
about to be up and r unning. 

Mind you, the other work had 
already been done — the story writ- 
ing. In fact, it had been done for a 
long time, and had sailed around the 
world a few times, too. Only to come 
back. Like a bird to an old nest 
What are you going to do with a 
story like that? There was only one 
solution: give it away, to anybody. 

They used to call them chap- 
books. Maybe they still do. They’re 
just a few pages thick, stapled. They 
weigh no more than a letter. 

You do up a hundred of them, 
complete with homemade dadaist 
cover. At the bottom on the back: 
Lime de VUle Presse (in kinship with 
a friend's City Moon Press in Amer- 
ica) and the month and year. No 
address: It’s not clear you want 
to get maiL 

That leaves only the actual distri- 
bution, which turns out to be 
straightforward to the point of Ma- 
sk But, as in a certain Eastern reli- 
gion, getting there is more the point 
than arriving, which is especially 
good advice for an afternoon’s walk 
across Paris under a bright fall sky. 

Where once again you find your- 
self among countless pairs of eyes. 
Furtive eyes that sometimes meet 
yours, investigate, anxious to touch, 
and yet afraid. Of what? Of every- 
thing, in this city where it seems a 
violation to say hello to a stran ger , 
especially with the eyes. Disappomt- 
ed eyes that disappear left and right 
in the gray flow. 

Where once again you find your- 
self heading for the quay down by 
the Pont Neuf for the view. There, in 
the sun, an old Japanese couple 
stand sketching the trees and the 
Square du Vert Galant. 

where across the street from the 
statue of Henri IV it’s Beaujolais 
Nouveau night. Or, rather, Bqjo af- 
ternoon. Fiddles screech inside and 
the customers are wall-to-wall. A 


huge fat man blocks the door like a 
stopper, his bulging violet cheeks 
looking rubbed with butter. 

Where the Place Dauphine is 
empty save a lawyer who looks like a 
fashion model coming across from 
the Palais de Justice in her shimmer- 
ing black robe and perfect white tie. 
It’s quitting time, and all the guards 
(a thousand and one walkie-talkies 
going at once) follow her with their 
eyes. You mate your way down the 
sidewalk to the Quai des Orf&vres. 

Where someone is playing good 
sax under the Pont St. MicheL The 
sound rings up and down the neigh- 
borhood and even the cops on patrol 
stop and lean over the wall and look 
at the guy. Or maybe at the young 
women perched below like gulls at 
the Seine's edge. 

The echoes follow you down the 
quay, and then the cathedral comes 
into view with the two tiny black- 
dressed figures up there kissing as if 
the world were about to end. Maybe 
nobody is watching. Maybe every- 
body on the square is looking. It 
doesn’t matter. They are as alone up 
there as they would have been on a 
cloud. You think of angels and then 
laugh at yourself for it 

The little American bookstore 
nearby agrees to take half the free- 
bies. (We couldn’t have sold them, 
the clerk coldly reminds.) And then, 
farther back on the Left Bank, the 
little Canadian bookstore takes the 
rest. (You say you might bring an- 
other bundle in a couple of weeks, if 
that’s O.K. You say how much you 
appreciate their doing this. You’re 
welcome, they say.) 

Job done. Fiction delivered. And 
none too soon. For there is much 
more walking to do. And a coffee 
somewhere along the way. In a loud 
caf6 where you sit and watch a 
while, listen to six lan g nu g ps coming 
from six tables. On each, cameras 
and piles of guides. Outside, a show- 
er sprouts a jungle of umbrellas. 

Later on, for no real reason, you 
head back past the Bqjo bar, where 
the battered wine barrel is now out 
on the sidewalk. Just as you arrive, 
a big man bursts forth carrying a 
big woman, both laughing tike new- 
lyweds. People inside are cheering. 
He puts her down and they smile 
back at the crowd, then at each 
other, and head off into the early 
night arm in arm. 

Across the Pont Neuf on the 
Right Bank, over a big department 
store like a doll’s house all alight, 
comes the city moon, slightly blue, 
full Against the low-flying clouds, it 
seems to race up in the sky. 

International Herald Tnbune. 



INVESTMENT 


October -n*J December 

Autumn 19*4 


nil 


Ybkmtt 3, Ninber 3 
A OuMMr ftJttonon 


Internation al Funp Investment 

m 

& 






- . f. ■ HOflg Kong . 

Spilt Over Broker Rebate Clampdcwn 



■ Kraft SOflr Art 

Published by the International Herald Ttibune, Topicsindude: — 

IFI is the one and only publication devoted .Fund analysis and performance. 

tnnravidina unbiased coverage of this fast .Opportunities and pitfalls mlhe markets, 
teeloofaa sector of the financial worid. . Developments in investment 
Reactions to LF.I. have been management 

~ hiehlv enthusiastic, demonstrating . Custody and administrative issues, 
thatme magazine is badly needed ■ Regulation and technology, 
by the asset management industry. . .Personality profiles. 

— — — — -Tfrrai h^^ ^ribunet — _ — — — • 

1 mm | p | i« a quarterly magazine published by the Internationa! Herald Tribune. 

Rahim vour order to: International Herald Tribune, Simon Osborn, 


25-11-94 


.181 Avenue SSEi* 92521^ Cede*. France. Or fax to: (33-1 46 37 21 33) 


f — i tor ousness orders, pease 

□ Please send me toe next 4 quarterly issues of I-F.I. for 

US$120 (FF.650) Payment is by check or cretot card. □ Ched( widosed 

— Please make check payable to: "International HeraldTribune. 
_ Please charge by credit card Q Amex Dvi sa □ Access 

m 


Name 


Company 

Address 

City/Code 


Number 
. Exp date. 


Signature . 


Q institutional 


PLEASE TICK ONE BOX WHICH INDICATES YOUR PRIMARY BUSINESS FUNCTION: 

irtenneta,/ Q g 5 »™« □ “/ 




STAR HOST, 
STAR GUESTS 

“THE TONIGHT SHOW WITH JAY LENO” 

MONDAY TO SATURDAY AT 22.30 CET 



CHANNEL. 

CABLE TV’S PERFECT MIX OF NEWS, VIEWS & ENTERTAINMENT 




International Herald Tribune 
Friday , November 25, 1994 
Page 10 


Jr & ^ 


License to Ski: On the Trail of James Bond in the Alps 


By Corinne K. Hoexter 


G R1NDELWALD, Switzerland 
— Before we left for our ski 
week in Grindelwald in March, 
we had already been impressed 
by three things we had heard about the 
Jungfrau region: its spectacular scenery, 
its starring role in the James Bond ski 
opus “On Her Majesty’s Secret Service” 
and its reputation as an agreeable place 
for intermediate skiers like us. While we 
can navigate most trails, my husband, 
Rolf, and 1 do not seek out double dia- 
monds with narrow chutes and a surfeit of 
shoulder-high moguls. 

We began to appreciate the scenery as 
the electric locomotive of the Bernese 
Oberland Bahn, a cog railway, pulled us 
up the valley of the LiHschine River from 
Interlaken East toward Grindelwald. Sud- 
denly the walls of rock surrounding us 
parted slowly like giant curtains, revealing 
the trio of peaks over 13,000 feet (about 
4,000 meters) that would dominate out 
skyline for a week — the Jungfrau, the 
Moncb and the fearsome Eiger. “At least 
there's snow up there." I said, for we had 
left an East Coast buried in snow to en- 
counter spring in the Alps. 

Though travelers as famous as Goethe 
bad by the 18th century begun to flock to 
the Bernese Oberland to admire Grindel- 
wald's glacier, Switzerland’s notable moun- 
tain transport system proved the key to 
opening the Jungfrau region to tourists, 
cumbers and, later, skiers. Bv the second 


half of the 19th century, rail lines bad 
pushed from Bern as far as Interlaken, and 
by the 1890s cm separate spurs to the vil- 
lages of Lauterbnmnen and Grindelwald 
(3,393 feet;, then linked by a loop over 
Kleine Scheidegg (6,700 feet) under the 
Eiger. In 1912, what is still the highest cog 
railway in Europe reached the Jungfrau- 
joch at 2 2,333 feet. Of the Jungfrau region’s 
two car-free resorts, Wengen was reached 
by the rail loop over KJeine Scbeidegg from 
the Lauterbrunnen side and Murren by a 
separate rail line that began service in 1892. 

Ringed by a battalion of peaks that rise 
from its valley, Grindelwald retains scat- 
tered hints of the rural past — around its 
chalets, with their overhanging peaked 
roofs and elaborately carved wood trim, 
we saw budding fruit trees, haystacks, 
woodpiles and cowsheds. The inherent 
drama of the setting is accentuated by the 
looming presence over the winding village 
street of the rugged Wetierhom and the 
Eiger’s sheer North Wall, scaled only in 
1938 after a number of contenders had 
plunged to their deaths. 

Our small, recently renovated chalet- 
style hotel at the quiet end of the village, 
the Gletschergarten. was run by the 
granddaughter of the man who first 
turned it into an inn in the 1890s. Our 
package included a generous Swiss- style 
buffet breakfast and four-course dinner, 
an L-shaped double room with modern 
bath and a balcony overlooking the aus- 
tere slim-spired village church. 

Our ski pass gave us entree to 43 lifts 
serving 123 miles (200 kilometers) of trails 


' To Zurich -- 

RL A Ngr- 




^ ^ Grindriwald 

2 . 

*Bger<: 


[prance* 


*.- e igerjf 
'f^UOnch 
&ungfrmr 1 gE 


Bern 

inm\ I L1ECH 


in three major areas: Grindelwald First, 
straight up from the village center, the 
Grindelwald-Wextgen- Kleine Scheidegg 
triangle, the heart of the region with more 
than half the lifts and trails, and finally 
Mflrren, where every January a notorious 
downhill race on the steep and bumpy 
Inferno “007” trail draws 1,500 would-be 
alpine champions. 

From Grindelwald station, the 35-min- 
ute train ride under the presiding Eiger 
hauled us through avalanche sheds up to 
the high amphitheater around Kleine 
Scheidegg. 

On our arrival, after first missing the trail 
under its morning frosting and pitching 
into a snow drift, I began to adjust to the 


alternating crunch and powder. Soon we 
were zigzagging our way across open slopes 
on creamy snow with trails so wide that a 
blue (easy), a red (intennediate) and a black 
(difficult) might drop over them side by 
side in gradations from the gentlest to the 
steepest pitch. We went up the Honegg T- 
bar, the sleep, icy one that comes to a 
sudden, rather scaiy end. and the easy- 
riding Tschuggen. We were funnel ed into 
long lanes between the evergreens and up 
over ridges cm narrow two-way paths. 

Toward the Wengen side, we crossed a 
magic border into our ski held of dreams: 
the heights of MSnnhchen, 7,317 feet, with 
its series of parallel ridges served by two 
chairs under the almost four-mil e-long gon- 
dola from Grindelwald Grand. This bil- 
lowy white sea was crisscrossed by rafler- 
coaster trails, soaring over great mounds 
and dropping into hidden hollows. 

Luckily, the Mannlichen chair rose to a 
plateau that included the Bergrestaurant 
and a dizzying view down a steep plunge 
.demarcated by avalanche fences. Re- 
freshed by a lunch of a fondue variation 
that resembled a grilled cheese sandwich, 
consommfe and green salad, we flung 
ourselves back over the rim of the ski bowl 
to pursue our pendulum course back to 
Kleine Scheidegg and the train. At some 
point the great cruising arcs we bad been 
making so easily seemed to become slow 
and sluggish to execute in the rising heat 
of the afternoon. Even mogul patches be- 
came merely slushy. By the last run up the 
Arven chair, we had acquired a healthy 


thirst. Fortunately, an outdoor bar await- 
ed next to the tracks. 

Two days later, a perfect sky,- shone over 
the Wetierhom. The morning huddle 
among the skiing guests m the hotel duuna 
room agreed it was just the day for the trip 
up to the Jungfraujoch. 

For the last four miles of a 50-minute 
journey, the cogwheel train from Klane 
Scheidegg travels through a tunnel just 
inside the North Wall of .the Emer and the 
Mdnch to the Jungfraujoch. 11,333 teeL 
We left the dim station, feding lighthead- 
ed, and ran into a wall of blinding tight 
where the sun blazed on a river of snow- 
flowing between a circle of mountain tops 
— theAletsch Glacier, the longest in the 
Alps, running 60 miles to the south. 

W ITHIN the glass- sided Moun- 
tain House, built into the rock 
adjoining the station and com- 
pleted in 1987. we discovered 
an array of restaurants, a souvenir shop and 
a post office as wefl as a network of internal 
galleries to several vantage points and the 
mysterious ice palace carved deep made 
ihe glacier 50 years ago by an alpine guide 
from Grindelwald. We skated on our shoe 
soles along the slippery corridors grasping a 
railin g as an eene blue penumbra lighted 
the niches containing ice sculptures. On a 
platform attached to the Sphinx research 
station and a g ain on a slippery plateau 
hangin g over the glacier, we steadied our- 
selves in the icy wind gusting 40 miles an 
hour in freezing temperatures. 


On the last day, we could not go to 
Mflrren as planned because the early spring 
^ of the “007- run. In the 
morning on the advanced slope, near the 
SubShom and Wixi chars above die tree 
line, we sometimes seemed to be plunging 
over the outer edge of the world s curve. 

Determined to go as near Wengen as the 
snow would allow, we headed down die 
steeps, the twists and the mostly masbsd- 
dowh bumps of the Lauberhom World 
Cup racing trail. Approaching a par of 
huge boulders that Loomed in our path, we 
swerved around them into a beautiful high- 
way between aisles of evergreens. 

On our last run to the railroad's midsta- 
tion Brandegg we were moving free across 
the wide sunny fields in lengthening shad- 
ow, sometimes gliding between the trees, 
gradually accelerating till we felt w had 
broken away from the pull of gravity. 

As we enjoyed a farewell drink at a caf& 
not far from the station, we wondered 
when we might fill in the blanks on our 
Grindelwald exploits, ski to Wengen and 
Marren. defy the perils of ihe SaLregg 7- 
bar, and eat in the Piz Gloria, the revolv- 
ing restaurant at the top of the Schilthom 
that was used as a sei lor "On Her Majes- # 
ty*s Secret Service.” When we got back- 
home, wc rented a video of the Bond 
movie. The skiing sequences seemed a bit 
overdone, but then exaggeration bad al- 
ways been the essence of 007. 

Corinne K. Hoexter. a longtime skier, 
wrote this for The New York Times. 


1 1 

■ill b. 


For Overnight Pop-Ins: A Hotel for the Under- 12 Set 


By Emily Laurence Baker 


L ONDON — The London Hotel 
of the Year in the "1994 Which? 
Hotel Guide” costs £25 to £30 a 
night, including dinner and 
breakfast, and has a staff that tries to 
indulge every whim. There are a few 
catches: Guests don’t get a private room 
or bath and must be between ihe ages of 2 
and 12. 

Pippa Pop-ins. apparently the only chil- 
dren’s hotel in the world, is the innovation 
of Pippa Deakin. a former teacher and 
nanny who was once asked to baby-sit for 
seven youngsters on the same nigh;. She 
resolved the dilemma by inviting them all 
to her house for an evening of bubble 
baths and midnight feasts. 

"2 wondered how many other parents 
couldn’t get a baby-siuer that night.'’ says 
the 29-vear-old Deakin. “So why not a 
children’s hotel?” Deakin expanded her 
original idea and in January 1992 opened 
the overnight nursery along with a li- 
censed nursery school and a vacation 
excursion program. 

The only similar establishment is in 
Hungerford, England, at the Norland 


Nursery Tr ainin g College, where young- 
sters can stay with a training nanny for 
extended periods. Pippa Pop-ins has a 
three-night maximum. 

The Georgian residence, situated on the 
busy stretch of Fulham Road beside the 
Chelsea Football Gub grounds, appears 
to have been decorated by an interior 
design firm staffed with under- 12s. A spa- 
cious playroom on the ground floor is 
crammed with toys and books. Stuffed 
animals and wooden toys peer over stair- 
way landings and the wails of the two 
bedrooms are lined with clowns. 

Children choose their own beds, and 
amazingly everyone agrees. There are only 
three house rules: “Yes means yes, no 
means no, and a promise is a promise to be 
kept.” 

Weekend dinners are a celebration with 
party hats, balloons and streamers. Some 
parents might be dismayed at the bowls of 
potato chips and chocolate bars that line 
the table before dinner is served but the 
guests don't seem to mind. Nor do they 
complain about the menu of sausage rolls, 
baked beans, pizza and chips accompa- 
nied by vintage orange squash. 

The kids don’t even mention the recycled 
bathwater that would undoubtedly make 


adults squirm. As the youngest group 
comes out, the older ones obediently strip 
(“next to your beds, please, so clothes don’t 
get mixed up”) and clim b into water strewn 
with soap bubbles and floating letters. 

After bath time, the pajama-dad entou- 
rage races back downstairs for a “mid- 
night” feast (a few hours earlier than would 
be technically accurate) and a short video. 
The best is yet to come: an organized pillow 
fight before the three night-duty nannies 
tuck the exhausted hotel patrons into bed. 

From fairy hunts in the garden (where 
Deakin’s pet rabbits are housed) to theme 

RE.IR IBIS 


■ Onward and upward with the 
arts: The Chinese Ministry of Culture 
has ordered night dubs and 
karaoke halls to buy a laser disk of 55 
patriotic songs lauding socialist 
achievements and veteran 
revolutionaries, Reuters tells us. 
That’ll pull them in. 


weekends that sometimes include enter- 
tainment, Deakin wants the experience to 
be a child’s fantasy. 

Even so, parents might have trouble be- 
lieving Ms. Pop-ins’ insistence that there is 
no homesickness. Indeed, two recent visits 
revealed several distressed youngsters 
clinging to mothers’ knees, imploring them 
not to leave. But the nannies are adept at 
defusing despair after parents depart. 

The anti-homesick campaign begins 
long before the tots arrive. Prospective 
guests are invited to tea before their over- 
night visit to inspect the surroundings. 
“Children are invited by me io come and 
stay,” explains Deakin. “If they say no. we 
won’t accept the booking.” 

Files are maintained on each child de- 
tailing personal information and bedtime 
routines. Odd habits are indulged. One 2- 
y ear-old whose mother brings a gloss of 
milk to her bedside every morning starts 
her day the same way at Pippa Pop-ins. 

Just what kind of parents send their 
child to a hotel overnight? While you 
might dunk it’s the dual-career couple 
whose business schedules clash with each 
other's and their offspring, it’s more likely 
to be parents with a big night out. 


Deakin is not daunted by running a day 
and overnight nursery at a time when tire 
child-care industry is regularly publicly 
scrutinized. “Of course I'm aware of things 
that could go wrong — the responsibility is 
there 24 hours a day, seven days a week. 
But this is a vision, a life, and whether I'm 
paid or not 1 still want to do it” 

Her vision extends beyond Fulham 
Road, be ginnin g with Wimbledon, where 
she awaits planning approval for use of a 
listed building as a prep school and hoteL 
Future plans include kiddie hotels in New 
York and Washington and schools for 
children with special needs. 

Despite Deakin’s ambitious goals, her 
role as managing director includes regular 
nighttime nanny shifts, during which she 
looks completely natural sealed on a two- 
foot-high chair amidst chaos. 

“Every day that a child comes here and 
goes home happy, it’s been a great suc- 
cess,” she says. "Every day should be 
special” Coming from’ anyone else that 
would sound painfully naive. Bui under 
the spell of Mary Pqppins incarnate, one 
can only think, why not? 

Emily Laurence Baker is a free-lance 
writer based in London. 


Tsl 


N'icitAWJBDn 


HOLIDAYS & TRAVEL 


TEE R 0 f 1 E (TIRE 


HOTELS 


“Think Health And Vitality” 

Get the best of your holidays at the incontestable 
four star temple of fitness, 
the Hotel Miramar in Biarritz. 

Special health spa programme 

Including accommodation, halfboard, tea water therapy 
and access to the fitness center. 

‘From FF 1.08$ per person per night in double room 
Special Conditions for Herald Tribune Readers. 

Hotel Miramar 

Insricut de Thalassothfrapie Louison Bobet 
>3. rue LotiUin EkAnn ■ 64200 Burris 
TeL (33) V>41 31 “VFm (33J <W 24 77 20 


G route Royal Monceau 
"Luxury with the French Touch " 

'6 nights minimum, until euxpt from 24.I2.*M id 31 12-94 




Bed & Breakfast 

APARTMENTS IN 

JERUSALEM 

Over 100 Apis. Ihroughoul Ihe city, 
from $45 per couple per nlghL 
Tel. 972-2-51 1270 
Fax:972-2-511272 


LOW COST FLIGHTS 


ACCESS VOYAGES 

THE 8EST FAKES TO 
THE UNI1H) STATES 

and ow 500 more tt ua wefcwi world- 
wide on 40 dffferenf scheduled corner*. 

Tel- PARTS 7-40 13 02 02 tr 42 21 4ft 94 
Fox: l JQ 21 44 20 

MNim: 3615 AQCESSVOYAGES 
Id- LYON 78 63 67 77 w 72 56 1 5 95 

BOOR NOW by phone with credt cord 
Gonemmew beano- 175111 


PARIS-FEW YORK 

Leave Nw 26, Dec 3 taumttoc 19 
F 1,390 + otfoo to F 190 
CcwndTnmi 

V (II « 55 55 44, ** free 05 MS Mfl 


WOOD AVIATION - SO&UUD 
RIGHTS, let buunea. *:onomy * 
lowest Ives Tel I FT hn (II 47046751 


SIGHTSEEING 


FABULOUS PAMS Guided vafc. shop- 
png. 'esKwcnh, nght-dubs & ciaon 
aspects of it*s greet on. BMW drr*n. 

Pons Fofce- (»| <78890 MINttW 


To subscribe hi Franco 
|u$t coll, toll free, 
05 437 437 


HOTELS 


LEBANON 


HOTEL AL BU5TAN. Bast of Ban*. 
5 dor deluxe. Excephond location, 
searriisr. comfort, fine eurine. ccmen- 
ten, badness services. '-atoAte TV. 16 
min. fonder from airport free. UTBLL 
Fax (1-2121 4781391 ■ [33-11 472DQ0Q7. 


AOMKAL MOTH. 7138 tame tM. 
Manta, Phfopnes. Tefc 5210711. Tefox 
74240488 ADHOIH. PM first dan, 
110 rooms bang Mania Bay. 


ROME. HOra VICTORIA 
moderate rotes, restaurant, oertrei, 

va&tts mis 


HOLIDAY RENTALS 


CARIBBEAN 


STRATOfiSMY, F.Wj OVB 300 


GREAT BRITAIN 


TO HNT 20 Dec ■ 06 Jen {Mnmum 
one vreelrj. Comfortable Queen Anne 
vJage house. Seeps B. E8Q0 per week 
refer** , Td UX 671 018) 


MEXICO 


Wait) VAUAKTA/ Mario* Brim 
Image* _ mot gem to . a mtwnfil 
magical sunsets, bunging at 
the nrnng pool. dHng under 6* 
start • o8 m the privacy of yow own 
w*n Wuxm*. Your done of 40 
derive homes Wit 2 to 10 bedraro,- 
al anewtKS indu c i n g staff For 
jwnomil oltwAon & color brochure 
Hefoa CASA HELGA VUA& 
203-XB-Q23 FAX- 203-SV9133 USA 


La Estrategla 
«M Caracoi 

Directed by Sergio Cabrera. 
Colombia. 

Cabrera is the son of Spanish 
actors who went into exile 
during the Franco dictator- 
ship, and Cabrera as a young 
man fought in the guerrilla 
forces in his native Colom- 
bia. Given that background, 
it’s not surprising that Ca- 
brera’s latest film, which be 
co-wrote, depicts some salt- 
of-the-earth tenants in Bqgo- 
t£ who devise a snail’s-pace 
C caracoi) strategy to resist 
eviction by a greedy landlord 
and his thugs- The refreshing 
part is how Cabrera master- 
fully weaves the political 
message into a gripping hu- 
man drama, with ample hu- 
mor. He makes rooting for 
the crafty good guys so much 
fun, while presenting the an- 
tagonists as narrow-minded 
feUows you love to hate. 
Leading the tenants’ fight for 


human dignity is Jacinto, 
played by the director's far 
ther, Fausto. He advises, 
“For once, believe in people 
and not just the law,” and 
makes references to the good 
fight against Franco in the 
Spanish civil war. The tena- 
cious tenants quickly close 
ranks: a woman who miracu- 
lously enlists the Virgin Mary 
in the struggle; a down-and- 
out lawyer, an unusual pros- 
titute, and a priest with a 
straying eye. The acting is 
first rate and the pace is keen. 

(A l Goodman, IHT) 

Junior 

Directed bv Ivan Reitman. 
U.S. 

From Terminator to Incuba- 
tor, from steroids to estrogen, 
from buns of steel to bun in 
the ovsi: Arnold Schwarzen- 
egger gets in touch with his 
feminine side in “Junior ” A 
fleecy romantic caper with a 
dusting of f eminism, the pic- 
ture is basically a one-joke 


movie successfully nursed by 
director Ivan Reitman. 
Schwarzenegger, who has 
never looked more radiant, is 
pregnant Danny DeVito, as 
a fertility doctor, impreg- 
nates the hero, who is both 
father and surrogate mother 
of the embryo. Schwarzeneg- 
ger and DeVito play Alexan- 
der Hesse and Larry Arbo- 
gast an Austrian scientist 
and a tenacious gynecologist 
who have developed a drug, 
Expectane, that reduces the 
risk of miscarriage in chimps. 
When the FDA forbids them 
lo test it on pregnant women, 
Arbogast persuades Hesse to 
play guinea pig in the name 
of science. Meanwhile, (heir 
funds are cut off and a vil- 
lainous department head 
(Frank Langella) forces them 
to give up their lab at the 
university to make room for 
Diana Red din (mtoiricaiing 
Emma Thompson), a cryo- 
genics expert who arrives 


with a "dairy case of frozen 
ova. “Junior” becomes a bit 
sticky in the end, But it is 
worth it all the same, just to 
be there when Schwarzeneg- 
ger delivers not just the baby 
but also the line “My body, 
my choice." 

f Rita Kempley, tVP ) 

A Low Down Dirty 
Shams 

Directed by Keenen Ivory 
Wayans. U. S. 

For all its jokes, “A Low 
Down Dirty Shame” is not 
an out-and-out spoof of the 
blaxploitation genre like 
Keenen Ivory Wayans’s 1989 
comedy hit, “I’m Gonna Git 
You Sucka.” Jl is a good- 
natured action film that 
doesn't take itself at all seri- 
ously. The story isn’t much to 
speak of. Wayans, who also 
wrote the film, plays Andre 
Shame, a former cop turned 
private eye whose business is 
going nowhere. Just when 
things are about to collapse. 


The IHT Pocket Diary Fits In The Palm Of Your Hand. 



Year after year — even at a period 
when diaries abound — the International 
Herald Tribune flat, silk-grain leather 
diary is the hit of the season. 

Ingeniously designed to be thinner- 
than-thOn, it still brings you everything . . . 
including a built-in note pad with always- 
available "jotting paper ” Plus there are 
conversion tables of weights, measures and 
distances, a list of national holidays by country, 
awine vintage chart, and many other usefull 
facts. AH in this incredibly flat little book that 
slips easily into a pocket. 

The perfect gift for almost anyone . . . 
including yourself. 

Please allow three weeks for delivery. 



» Measures S x 13 cm (51/4x3 in.). 

> Black ksuher cover wiih gilt mcial comers. 

■ Week-ai-a-clancc formal, printed on French blue paper with 
gilded page edges. 

■ 1995 notable dales nud national holidays in over 80 countries: 
world (ime-zone mWc; 
iniumadonaJ telephone dialing 
codes and country prefixes 

■ Blue ribbon page marker. 

• Includes removable address 
book dial fits snugly into its 
own silk pocket ' 

• Eadi diary packed in a blue 
gift box. 


•Corporate personalization and 
discounts are available. 

For details, fax Paul Baker at 
(44 81)944 8243. 


Please charge to my credit card: 

’ □ Access O Amex CU Diners O tiur.x-anl Q MasterCard D Visa 


Please send me. 


1995 IHT Pocket Diaries. 


Price includes initials, packing and postage in Europe: 

I- 4 diaries UK £22 (Li5S33)each initials 
5- 9 diaries UK £2D^0(U553 1 ) each u P.!?. 3 .P" dl ^V 

10- 19 diaries UK £18 (U5JS2T)each 111 


Card N°_ 


Address. 


CityAZade 

LJ Additional postage outside Europe £.4.50 (U-S-S6.90) Country 

LJ Check here for delivery outside Europe by registered or ■ rv™™,,, var vat in 

certified mail £5.75. <U-S.S8.fiO) per package plus postage. \ “T ?! ' — ' . — fjZ 

Mail or fax this order form to: Inienumoriul Herald Tribune Offers. -- . . 0 . 

Payment fc by credit card only. Afl major cards accepted. 37 Lambton Road. London SW3.t OLW U.K.. Fax: (44 8 f m44 S243. 


he is hired by an officer of the 
Drug Enforcement Agency 
to find S20 million in missing 
drug money. Shame’s adver- 
sary, Mendoza (Andrew Di- 
vofn, is a notorious drug czar 
rumored to be dead but actu- 
ally living with Sham e’s for- 
mer sweetheart, Angela (SaUi 
Richardson). Wayans is an 
agreeable screen presence, 
but he makes a surprisingly 
bland action hero. As the ob- 
ject Of two competing wom- 
en, he seems bored by a con- 
test that builds into a furious 
argument about who is a bet- 
ter fighter, Mike Tyson or 
Muhammad AIL. The com- 
batants are the sultry Angela 
and Shame’s adoring secre- 
tary and assistant. Peaches 
(Jada Pinkett). Pinkett. 
whose performance is as 
sassy and sizzling as a Sait-n- 
Pepa recording, walks away 
with the movie. 

(Stephen Hidden, NYT) 

La Bella Vita 

Directed by Paolo Virzi. Italy. 
From a summer romance fu- 
eled by a refrain of separa- 
tions, reunions and ferry 
rides between the mainland 
and the island of Elba, Bruno 
and Mirella marry and create 
a discreet and evidently hap- 
py life together. Bruno works 
in a steel mill in his native 


coast town of Ptombmo. Mir- 
ella holds down a job as a 
cashier in the Piombino su- 
permarket. Then, in what 
seems to be an instant, their 
tableau of quiet, consensual 
resignation comes undone. 
Bruno is laid off. Mirella, a 
dutiful, devoted companion 
as both fiancee and wife, falls 


for Jerry Ftuno, an unctuous, 
local television personality 
who represents a chance for 
glamour and romance. The 
safe, insulated life for which 
both Bruno and Mirella put 
their dreams in hock lias va- 
porized like the most volatile 
of illusions. ‘‘La Bella Vila” is 
a light, realistic and. for the 
most part, fast-moving tale 
abou^ the loss of identity in 
today’s Italian working class. 
Bruno, Mirella and even Jer- 
ry Fumo — whose veneer of 
romance ar.d polish soon 
peels to reVcal an insecure, 
dependent man with needs 
too great for Mirella to tend 
to — are left to sort out what 
remains of their ambitions, 
illusions and certitudes. 
Claudio BfgagJi rs excellent as 
the deliberate, disoriented 
Bruno, while the ^wiurtuous 
but somehow chaste Sabrina 
FeriJJi almost bursts the con- 
tours of her character as Mir- 
ella. 

(Ken Shdnt. n. WTl 


HOLIDAYS & TRAVEt 


■ ■ ■ . . 





BADRUTT > 


HOTEL ST. MORITZ 

for neailv 100 year* thy nic*etiiu> pl.-i, ... t, ,, , , , nill ,j 

Winter season 
December 17 to April 2 

Tel. ++4I 32 1 II Ot. Fax + +41 » • i :>i 


fj SvP 


























AAA 


International Herald Tribune 
Friday , November 25, 1994 
Page I I 




Quirky Tips From the Famous 


it i siucii mm rum mu 


By Roger Collis 

Heral d Tribune 

R ECRUIT a worldwide tram of 
200 peripatetic celebrities, critics, 
food writers, hoteliers, restaura- 
teurs and assorted entrepreneurs 
and ask them to report on what they con- 
sider to be the best in travel: This is the 
formula for the fifth edition of Conrvoi- 
ster*s “The Book of the Best,” published 
this month in London (Vennflion/ Random 
House, £12.99). It is edited by the food 
critic Loyd Grossman, who is taking over 
from Lord Lichfield, founder-editor, who 
started the publication 10 years ago. 

The result is a travel guide packed with 
tips and opinions, verdicts and often idio- 
syncratic insights. The new edition covers 
58 countries with 2300 entries on the best 
hotels, restaurants, bars and caffes, clubs, 
museums, galleries, markets, fashion de- 
signers, festivals, spas, sports, theater, mu- 
sic, shopping and sightseeing. 

Scattered throughout the book are es- 
says on such eclectic topics as Wolfgang 
Pudt (“chef to the Stars" in Los AnselexV 


uiwmj I'vw DOOKSDOpS 

and lours); Best of the Bush (Australia): 
(9. Melbourne Foodie Musts; Big Breakfasts 
v in Sydney; Indian Choice; Top Tailors, 
and Pub Grab (London); Nile Tours 
(Egypt); Bistros, Choice Cheeses, Choco- 
holics Choice (Paris); Exotic Adventures 
(Himalayas); Private Palace Hotels (In- 
dia); Pub Culture (Ireland); Piazza Cam- 
po dei Fiori (Rome); Best Parks in Tokyo; 
Caffe Life (Amsterdam); A Great River 
Journey (Papua New Guinea), and the 
Blue Train in South Africa. 

Don’t look for consistency or objectivity 
(it takes a serious celebrity to be as fatuous 
as: “TaiBevent is easily the best in France," 
Judith Krantzj. ; “Sl Petersburg is a drug.” 
Princess Katya Gah trine; or ‘The difficul- 
ty with Paris is that every restaurant is so 
good you can’t just pick one," Andrew 
Lloyd Webber). But there’s too much good 
stuff here to quibble about that . 

Entries are arbitrary and inconsistent. 
The United States gets 41 pages; Britain 
34; Hong Kong, seven; Japan and Thai- 
land six each; Singapore three; South Af- 
rica two; places like Fiji, Sri l^nlra, Ber- 
muda and Jamaica have half a dozen 
entries among them; Cuba gets a page; 
while Finland, Malta, Israel, most of the 
Gulf states and the Philippines are left out 
altogether. 


“The book is highly subjective; we make 
no claim to objectivity. Most guidebooks 
ether rely on one person’s opinion, or like 
Michdin on a highly trained tram of pro- 
fessionals. Whereas ours is based purely on 
the subjective thoughts of 200 people who 
are demanding, cosmopolitan, and sophis- 
ticated, ” says Grossman. "The best is 
going to be their collective view. But there’s 
no question that the best has more to do 
now with best value and local character 
than it did, say, two or three years ago 
There has been a pretty healthy turn away 
from the sort erf preposterous ostentation of 
international luxury. . 

“Of course, you're going to have predict- 
able t h i ng s; I mean when you t»ik about 
Paris hotels, the Crillon is going to be there. 
But what we’ve tried to do this year is to get 

Tie Frefteil Tme/ er 

off the beaten track and stress the interest 
of things that are local and particular to the 
various places, to counteract the wave of 


is not my personal restaurant guide. But 1 
have attempted to stress value, more about 
attractions for kids and culture, which I 
find play an increasingly important role in 
determining travelers’ itineraries. That may 
explain why travel to cities has betxjme 
increasingly popular. Many people visit the 
Far East on b usiness and' return for plea- 
sure. This is my first year as editor. But 
Patrick [Lichfield], who started it, is a be- 
nigD influence; be travels incessantly and 
knows a lot of people. 

“The length of contributions, and in- 
deed which countries get listed at all de- 
pends on our contributors; that’s why we 
have these little essays on places like Viet- 
nam that our gang are increasingly travel- 
ing to. If one of our contributors said, ‘By 
the way. I’ve just spent three months in 
Timbuktu, it’s a fabulous place,’ we’d 
write about it. This year we’ve identified 
places, like Lyon, that tend to get missed 
oul It’s very amusing to see the opinions 
of people both cm sacred cows and new 
discoveries. It’s an exceptionally good 
worldwide telephone directory.” 

I recognized only a handful of the celeb- 
rities listed at the front erf the guide — 
authentic luminaries like Peter Ustinov, 
Richard Branson, David Frost, Andre 
Previn, Ralph Steadman, Andrew Lloyd 


f VAT Guide: Getting 
[Refund Isn’t Easy 




By Betsy Wade 

New York Tbeea Scrnce 

S WITZERLAND is joining the 19 
European countries that charge a 
value-added tax, or VAT, on 
goods and services. The tax goes 
into effect Jan. 1, and die rate is 6.5 
percent. 

It applies to accommodations, car 
rentals and restaurant meals, as well as 
goods purchased to be taken home. It 
will not be applied to theater tickets, 
according to Enka Lieben, public rela- 
tions manager for the Swiss National 
Tourist Office in New York. 

The new tax, described as a consump- 
tion tax, will replace a purchase tax of 4.5 
to 4.8 percent that now applies only to 
merchandise. Despite the rise, the 6-5 
percent rate is among the lowest in Eu- 
rope, where the levels run up to 25 per- 
cent in Denmark, 21 percent in Ireland, 
and 17 5 percent in the Netherlands and 
Britain. 

Tourism-promotion organizations 
make a fair amount of noise about the 
possibilities for tourists to recover the 
taxes they have laid out, but the truth is 
that, with one exception, refunds are 
available only for merchandise that is 
bought to be taken out of the country, 
and the tourist must spend a certain 
amount in one store, or in Spam, in one 
purchase, to get arefund. At this writing, 
the Swiss had not decided whether tour- 
ists could obtain a refund at afl. 

Some countries apply tax rates to 
lodgings and restaurant meals that are 
lower than the standard rates for mer- 
chandise. But whatever the rale, these 
taxes are not recoverable, except in Can- 
ada, where hold taxes may be recouped 
bv a traveler with proper documentation. 
'The VAT is sneaky: The price tags on 
merchandise, the prices cm menus or rates 
printed on hotel brochures generally do 
not list it separately; the traveler may even 
r emain unaware of its existence. 

All 12 countries of the European 
Union apply this tax: Belgium, Britain, 
Denmark. France, Germany, Grace, 
Ireland, Italy, Luxembourg, the Nether- 
lands, Portugal and Spain. 

Most other countries in Europe have 
VATs, including four countries sched- 
uled to join the European Union in 1995- 
Austria, Finland, Norway and Sweden. 

Except for Britain, Emop^ coun- 
tries set a minimum amount the traveler 
must spend in one store, or in the xase of 
Spain, on one purchase* to qualify for 

^hMBritain, alone in the Europ»n 
Union, the stores set this rnuumum. ai 


Harrods, it is £150, or about $235 at the 
current rate of exchange; at Harvey 
Nichols, £100; Selfridges, Liberty or 
Marks & Spencer, £75; ax Fortnum & 
Mason and the Peter Jones and John 
Lewis stores, £50. 

Although these thresholds may lode 
steep to travelers cm a budget, the fact is 
there is tittle point in going through all 
the paperwork for small purchases, 
which produce still smaller rounds, and 
which win be further diminished by a 

company^that bamSeTthe refunds. 

If you are making a purchase in a store 
where things are mere informal, it’s 
smarter to see if ihe store wil] deduct the 
tax from the price, and avoid the annoy- 
ance at the airport. Small stops are Hedy 
to be most amenable to tins idea. 

Almost all refund arrangements in Eu- 
rope — - Ireland excepted — are handled 
in the United States by Europe Tax-Free 
Shopping, with sales headquarters at 233 
South Wackex Drive, Chicago, Illinois 
60606. People from other countries can 
write to its Swedish headquarters at Fak- 
torvagen 9, Box 10004, S-434 21, Kungs- 
badca, Sweden. 

The company began in 1980 and now 
operates in Austria, Belgium, Britain, 
Denmark, Finland, France, Germany, 
Greece, Hungary, Italy, Luxembourg, the 
Netherlands, Norway, Portugal, Slovenia 
and Spain. Steve Jarmal sates manager, 
says mat . the company has agreements 
with 70,000 stores in these countries, 
which usually display a logo: “Tax Free 
for Tourists.” 

To use the refund system, when you 
shop you must cany a passport or some- 
thing else establishing you as a visitor. In 
the store, you ask for the form, or “shop- 
ping check," issued by Europe Tax-Free 
Shopping, which comes with an enve- 
lope. The sales clerk fills out the form. 

I F you are in a country belonging to 
the European Union, you present 
the forms at the airport where yon 
wffl finally leave the EU; the booth 
there will handle the slips from all the 
EU countries you have visited. 

Get to the airport early. The govern- 
ment customs agent for the country you 
are leaving will stamp the forms. You 
should be prepared to show the mer- 
chandise. 

After you have passed customs, lock 
for a Tax-Free Slopping window. The 
refund, minus the company^ fee, about 
20 percent, can be in cash, a check or a 
credit to a credit card- If- the line is too 
long or you are too late, the forms can be 
mailed in the envelopes provided. 


Webber, 
Joan Cc 


ter, Jeffrey Archer. Michael Caine. 
Collins, Douglas Fairbanks Jr. and 


Dame Barbara Cartland. 

Lichfield and Grossman recruited 12 of 
the top celebrities as a jury Tor 16 somewhat 
gimmicky “Best Value" awards f Noi the 
best erf the best bin. amongst the most 
interesting and stimulating erf the best," 
Grossman says). Singapore Airlines (Best 
Airline), Four Seasons-Regem Hotels (Best 
Hotel Group), Dubai (Best Airport Shop- 
ping) and Hong Kong (Best Destination) 
are arguable, though what you mi g ht ex- 
pect; but Melbourne Moomba (Best Festi- 
val); Roscoff Belfast (Best British Restau- 
rant); Sl Mungo Museum of Religious Life 
and Art in Glasgow (Best British Museum), 
and Opera North in Leeds (Achievement in 
the Arts in Britain) started me turning the 
rages. And I wouldn’t quarrel with Best 
Bmish Breakfast (Simpson Von- the- 
Strand) and Best Pub (The Dove) both in 
London, or Lyon as Best European Week- 
end Destination. 

“The Book of the Best” carries the usual 
disclaimer about not accepting advenis- 


tad incestuous when celebrities just hap- 
pen to praise one another. Alain Ducasse 
(a contributor) at the Hotel de Paris in 
Monte Carlo is hyped as the World's 
Greatest Chef — which he may well be — 
but did he pay for his meal at Joel Robu- 
chon’s Temple of gastronomy” in Paris? 
And is it cynical to suppose that Ustinov 
got the presidential suite at the Wesibury 
in Dubhn because he is Sir Peter Ustinov? 
Perhaps you have to be a celebrity to get a 
free lunch. 

T would be extremely distressed to find 
out that anyone involved with the book 
had ever had a quid pro quo, or said, let 
me stay for free and I’ll give you a write- 
up,” Grossman says. “At least we didn’t 
ask Alain Ducasse to write his own blurb. 
And I happen to think that because he is a 
great chef, his views on a restaurant, col- 
ored as they may be by his philosophy, are 
bound to be interesting.” 


W ELL, yes. Until we read that 
Mohamed al Fayed praises 
the Ritz in Paris as meeting 
the exacting standards of Ce- 
sar Ritz 100 years ago, when al Fayed is 
both a contributor and owner of the Ritz. 

A crucial test for a travel guide is what it 
says about places in your own backyard or 
familiar stamping ground. 

“The Book of the Best" barely scrapes 
by on its listings for the Cote d’Azur — 
sound on art and museums; otherwise 
predictable and pedestrian. 

Bat for London, the guide comes alive. 
Apart from a few dud entries, it’s an 
excellent London restaurant guide, with 
an inside track to the trendiest and best 
value places in town. So FD take it with me 
when I next go to Hong Kong. 





Carrier/Hotel 


ARABELLA 
GRAND HOTEL 


BEST WESTERN 


CATHAY PACIFIC/ 
MANDARIN ORIENTAL 


DYNASTY HOTEL 


GULF AIR 


Location 


Frankfurt 



Manila to Hong Kong 


Kuala Lumpur 


Hong Kong to Bangkok 


HILTON INTERNATIONAL WoridwkJe 


HOTEL PALAZZO 



LAUDA AIR 


LUFTHANSA 


MALAYSIA AIRLINES 


MANDARIN ORIENTAL 


RENAISSANCE HOTEL 


Hong Kong to Vienna 


London to Hamburg 


Britain to Asia/South America 



TAP AIR PORTUGAL 


Germany to Osaka, Japan 


London to Portugal 


‘Winter Speciar rate: single/double al 230/280 Deutsche marks 
($148/5180), including buffet breakfast welcome cocktail, use of 
pool and health club. Friday to Monday, Jan. 1 to March 31. 


“Ski Arizona Package' at Woodlands Plaza Hotel, Flagstaff; $120 
for a one-night stay for two includes two lift tickets to Snowbowt, 
welcome drinks and American breakfasts. Until March 31 . 


Mandarin Manila hotel guests can claim an upgrade to first or busi- 
ness class on Cathay for $30 on the day when they check out of the 
hotel. Until Dec. 31. 


Introductory rates from 195 ringgit ($76) a night with breakfast 


Fly first or business class and get second ticket free for use any 
time. Until Dec. 31. 


At least 30 percent off published rates at 100 properties in “Winter 
World of Savings" promotion. Upgrade to “deluxe” room for $30 
more. Until April 23. 


Two nights in a suite for 850,000 lire ($530) per person sharing a 
room includes airport/rail transfers, welcome champagne, flowers, 
butter service, breakfasts in the suite, dinner each night in a choice 
of seven Venice restaurants. Until March 31 . 


"Great Deaf promotion offers discounts of up to 45 percent at all 
Hyatt hotels in Asia Pacific and selected properties in the United 
States, Europe, Mexico and South America. 


Hong Kong to Vienna round-trip fare of 4,990 Hong Kong doHa/s . 
($645) includes stopover discounts in Vienna plus the option to fly to 
either London. Paris or Munich at no extra cosL Until Dec. 14. 


Pay full business class (£198, or about $310. one-way) from 
London City Airport to Hamburg and you can take a companion for 
£49 one-way. Travel must start by Dec. 31 . 


Full-fare business-class passengers traveling from Heathrow via 
Kuala Lumpur are automatically upgraded to first class. New desti- 
nations served via Kuala Lumpur include Cape Town, Buenos 
Aires, Mexico City and Beijing. Until March 31. 


“Oriental Interludes” promotional rates at 11 hotels (starting at $98 
at the Mandarin Oriental in Macao) include American breakfast, 
flowers and fruit in room on arrival, and check-out tiH 6 P.M. Subject 
to availability. Until March 31. 


Single “executive" rooms for $210 a night includes airport Hmo trans- 
fers. breakfast and co-details, local phone calls and laundry service, 
plus 4 P.M checkout. Until Feb. 28 


EuroBonus members (traveling via Copenhagen) earn 5.000 extra 
bonus points in business class per round-trip to Osaka and 15,000 
extra points for two round-trips, which earn a free round-trip 
economy ticket from Germany to Stockholm, and free trip to toe 
United States respectively. Until Jan 31 . 

Half-price companion fares (Heathrow to Lisbon. Oporto or Faro) 
include three days' Avis car rental. Minimum Saturday night stay. 
Until Dec. 3 and Dec. 25 to March 31 . 


AShougU (ftp IHT asrefutty chocks thtfSB offers. f*S3St> be tavuanneii Ht3t some naval apeftts mj r oe ur-ona-c r’r'w-’ . • So Sc-ai Kir- 

/■// A BIS f // 9 / 














AUSTRIA 

KQrvsUerhaus, tel: (1) 52177-404, 
open dafly. Continuing/To Jan. 29: 
“AgyptomanJe: Agypten und das 
Abendl aid." Documents the influ- 
ence of Egyptian art on 18th- and 
19m-century European art and de- 

Wfener Staatsoper, tel: (1) 513- 
1 513. After months of renovation, the 
curtain raises on Dec. 14 with Rich- 
ard Strauss's “EtekJra.” 

BRITAIN 

London 

Royal Academy of Arts, tel: (71 ) 
494-5615, open daily. Continu- 
ing /To Dec. 14: "The Glory of Ven- 
ice: Art in the 18th Century." 

CANADA 

Montreal 

MusAe d’Art Con tempo rain, tel: 
(514) 847-6226, dosed Mondays. 
To Jan. a 'The Origin al Things." 
Scutotures and installations by seven 
contemporary Montreal artists. 


From top, “Gizmo & Jeze- 
beT* by Margriet de Bruin, 
in Amsterdam; a Western 


FRANCE 

Paris 

Centre Georges Pompidou, tet: (t ) 
44-78-40-86, dosed Tuesdays. To 
Feb. 20: "Kurt Schwitters." 300 
paintings, collages, sculptures, typo- 
graphical works and poems created 
between 1910 and 1947 by the Ger- 
man-born artist (1867-1948) 
Schwitters's work reflects venous 
avant-garde movements uruH the late 
1940s. 

Grand Palais, tel: (1) 44-13-17-17. 
closed Tuesdays. Continuing/To 
Jan. 9: "Gustave Caillebatte, 1848- 
1894." Also, to Jan. 2: “Nicolas 
Poussin." 

Musto d'Art Modeme, tel: (i) 47- 
23-61-27, closed Mondays. To 
March 19: "Andre Derain. 1880- 
1954: Le Peintre du Trouble Mo- 
deme." A retrospective of the works 
of toe Fauve painter, including paint- 
ings, sculptures, works on paper, 
book illustrations end stage settings. 
The exhibition wlB travel to Madrid. 
MusOe des Arts Astefiques-Girimet, 
tel: (1) 47-23-61-65, closed Tues- 
days. To Feb. 27: “La Chine des 
Ongines. Hommage a Lionel Jacob." 
50 pieces documenting the evolution 
of Chinese culture from the neolithic 
period to the foundation of China. 


Berlin 

Marti n-Groplus-Bau, tel: (30) 254- 
890. To Feb. 5: "Der Riss im Raum." 
Includes paintings, sculptures, instal- 
lations aid video presentations by 49 
German, Poftsh, Czech and Slovak 
artists from 1945 to the present day. 
Cologne 

Museum Ludwig, tel: (221) 221- 
2623, dosed Mondays. To Jan. B: 
"Yves Klein: Der Sprung Ins Leere." 
Part 1 of the retrospective locuses on 
the emergence and development of 
the French artist's creative activities 
which Iffited only eight years (1954- 
1962). Part II is in Dussektorf. 
PfliwMorf 

Kunstsammking Nordrhein-West- 
falen, lei: (211) 6381 -174, closed 
Mondays. To Jan. 8: "Yves Klein: 
Leap into the Void" locuses on ihe 
French artist's "Culminations." The 
two exhibitions present 150 works 
and will travel to London and Madrid. 

ITALY 


in Amsterdam; a Western ^ „ 

| , n . j Teatro Gomunale di Firenze, tel: 
Ahou mask, m Fans, ana ( 55 ) 211 - 158 . "La Boheme/’ cured- 

AUxdJwlenskfs “Mystic 

Head, m Pasadena. 20, 21, 22 and 23. 


JAPAN 

Tokyo 

National Museum of Western Art 
Tel: (3) 3828-5131, closed Mondays. 
To Nov. 27: "1874; The Year of Im- 
pressionism.” Tries to recreate the 
first Impressionist exmntion of trie 
then unknown painters, sculptors and 
pnramakere held in Nadar's studio. 
Tokyu Department Store, tel (3) 
3477-3111, open daily. To Nov. 23: 
"Yumeii Takehisa" Works by the 
Japanese painter, illustrator and 
poet. Takehisa is known lor depic- 
tions of melancholy-looking women. 
Ueno Royal Museum, tel: (3) 3833- 
4191. Continuing/To Dec 25- "The 
Unknown Modigliani." 

HE NETHERLANDS 

Amsterdam 

Aietter Lia van Vugt, tel. (20) 622- 
1702. To Dec. 20: "Kunstfa Kado." 
Works by three contemporary artists, 
Margriet oe Bruin, Eddy Gheress. 
Bjorn v Vogt. 

SPAIN ~ 

Barcelona 

Fundacto Antoni Tdpies, tel: (3) 
487-0315. To Jan. 29; "In the Spirit 
ot Fliixus." An overview of the 1962 
movement that united avant-garde 
artists in Europe end later in the Unit- 
ed States. Documents the develop- 
ment ot performance art, minimalism 
and Conceptual art. 

Fundacid La Caixa. tel: (3) 404-60- 
73, dosed Mondays. To Jan. 22: 
"Kandinsky/Mondrian: Dos Ce- 
rmnos Hada la Abstraction." Docu- 
ments the parallels and differences 
between toe two painters in their ear- 
ly phases. Both started as figurative 
painters although Kandinsky laler de- 
veloped an abstract style while Mon- 
drian adopted a geometric idiom. 
Madrid 

FundatiOn Juan March, tel: (1) 
435-42-40, open dally. Continu- 
ing/To Jan. 22: "Tesoros del Arte 
Japones: Periodo Edo 1615-1868." 

SWnZERLANP 

Geneva 

Grand ThdAtre, tel: (22) 311-22-18. 
"La Boheme," directed by Robert 
Carsen and conducted by Mark El- 
der, with Marcus Jerome/Valentin 
prolat and Mary Mills/Gwynne 
Geyer. Dec. 10, 12, 13. 14. 15, 16, 
17,19. 20, 21 and 22. 

Musee Rath, lei; (22) 310-52-70. 
Closed Mondays. To Feb. 12: "L'Es- 
prit d'une Collection: De Caspar Da- 
vid Friedrich a Ferdinand HotSer." 
Paintiras and drawings by German, 
Swiss aid Austrian painters of the 


19th century. Includes works by Frie- 
drich, Cart Btechen. Adolph von 
MenzeJ and Carl Spitzweg. 

UMITCP STATES 

Baltimore 

Waiters Art Gallery, tel: (410) 547- 
9000. closed Mondays. To Jan. 15; 
"Gauguin and the School of Pom- 
Aven." More than 100 works charting 
toe development of the post-lmpres- 
sionisr school. Includes 16 paintings 
by Gauguin, and works by Emile Ber- 
nard, Paul Serusier and Maunce De- 
nis. 

Chicago 

Art Institute, tel: (312) 443-3600, 
open dally. To Jan. 15: "Glad Tidings 
of Great Joy." 15 medieval, Renais- 
sance and Baroque works of art from 
the institute’s permanent collection to 
tell the Christmas story. 

New York 

Metropolitan Museum of Art lei: 
(212) 570-3791, dosed Mondays. 
To Dec. 4: "The Violin Masterpieces 
ot Guameri del Geso." 15 violins 
from Giuseppe Guameri, a member 
of toe Cremona violinmaking family, 
who died in 1745. 

Pasadena 

Norton Simon Museum, tel: (818) 
449-6840, dosed Mondays, Tues- 
days and Wednesdays. To Sept. 10: 
"The Spirit of Modernism: Galka 
Scheyer in the New World." More 
than 200 works by representatives of 
European modernism from the col- 
lection of Galka Scheyer. Includes 
works by Picasso, Kokoschka, 
Kirchner. Nolde, Schwitters and Dix, 
among others. 


CltSl.ft 


Or Nov. 27: "Nicolas de Stael: Retro- 
spective.” Schlrn Kunsthaile. 
Frankfurt 

On Nov. 27: "Edvard Munch und 
Deutschland.” Kunsthaile der 
Hypo-Kulturstffhing, Frankfurt 
On Nov. 27: "Willem de Kooning." 
High Museum of Art Atlanta. 

On Nov. 27: "Fernand Leger 1911 - 
1924: Le Rythme de la Vie Modeme." 
Kunstmuseum, Basal. 

On Nov. 30: “Ktlnti: Dessins." 
Muste-Galerte de la Seita, Paris. 
On Nov. 27: "Herbert Boedd, 1894- 
1966." Kunstforum Bank Austria, 
Vienna. 

On Nov. 27: “Franz Kline: Black & 
White 1950-1961." The Menll Col- 
lection, Houston. 

On Nov. 27: "Der Frnhe Karafinsky." 
Brocke-Museum, Berlin. 


World News. World Views. r . .. 

. , T „ tprna ti on al Herald Tribune provides clear and concise coverage of world events with a scrupulous separation of reporting and opinion. 

Every day, toe inrau- For objective and informative reading, make sureyou get your copyevCTy day 

..notion information, please call: Europe/AMca/Middle East (33-1) 46 37 93 61, Asia (852) 9222-1 188, The Amencas (212) / 52 3890. 

For sunsenp international , * 

Uteralo^^^erUmne 


nwtiTTTT Min nr V* van thd mot in wmbkiw tost 















































Page 12 


INTERNATIONAL HERALD THIMINE. FRIDAY, NOVEMBER 25, 1994 


NOV. 24, 19® 4 


ABC INVEST MB NT & SERVICES CO (E-CJ 
Ntoorno^ohrataJ’Oa OtFxSDOBTISXffiB 

mABC Futures Fund LM S M2 

m ABC Islamic Fund tBCI-J is&lS 

m ABC Global Recovery Fd_S JJJJ7 

mABC Gtabal Bona Fd J , 1 ° 1 - 31 

ABN AMRO BANK, PD. Bo* 2M.Ajnrtertom 

wCohimbio Securities— R 

w Trans Europe Fund FI FI “'■‘I 

» Trorts Europe Funds 5 

■vAlnsdD — R 73, -*° 

ABN AMRO FmdS 

4, rue JesxiNWnnet.Lux.352-C4J49.S0 

tf Lcflln America Ea Ftf * 

tf North America EaFd * 1*2 

I ermony Etxrtfy Fd — —D M 

nrape Bond Fd -* £25 

ormany Bond Fd B -D M 
I FUND MANAGEMENT IM 

,IG Amer. Ea. Trust— — * 

,IG Balanced world Fd — J 

ilG Emerg Mkts Bd Ftf — * 

LlG Eureco Fund Pie - -- g ” '“S'* 

IIGEuroSnrflCoFdPIcJ ]H?£4t 

klG Europe FdPle ■* SiSts - 

klG Jopon Fund-. » 

klG Jawn SmaUCmFd— J i®M73 

kIG Latin AmertaiFdPlc-S JSjK 

UGMIltamncvBdFdPIc* 

«» 

JBZ EunKIPtlfflW FiwdJw H5A937 

®R I 

,FRED BERG . 

Allred Berg Norden * w, ‘ 1 

MdBeraSknv « 1ftlJ0 

Fr* - East — - nm, ITUS 

Germany U7M 

v muA) 

Jcpqn -— — c ZQM 

wmertanOS; f 1 HlSa 

lSSSfRWE«i *g 

“S&sSsia 

ffit^Fdac/Otfai-s ™g* 

ISEK^Ti^TJ is 

iAlSKsteriMKWIII-ji 

lAMo Worthln gtcri iq gtjtts 1TJK 

r BCO/AWH Gl HedBB SepMJ *073 

, IcO/AWto MM Ntn Sep3« 
iBuch-AIPha EurHdn OtfJt-Ecu ] g*[ 

sCieseat Aston HetfgeOd 31 \ IS™ 

^GtotialvestVtrtjelOcllll-S 
iHetael J»on Fund— — — -Y 

n Hemisphere NeulrolOd 31 5 
n Lot invest Value (Oct31)__S 122 

nNtetiApel Aureita (Octlll -J !!JE e 

gR^TnnRgDO ctai-S M 

SKEIn Fd (Set 3' »^L „ a 1wc 

UASTEL (ASIA) LTD Tet:HW2*07» 

* Sprinter JOPon SMwH Co l_S 

sssfflse * « 

AHRAL ASSOCIATES LTD 

iv Arral American Quant Fd—S 

wA/rel Aston Fund-— — -J 3«J0 

» Ariel inn Hedge Rmd-^ cl _ . 

ATLAS CAPITAL MANAGEMENT LTD 
* Atlas Global Fd . — S _ . 

BAIL II Woce Vendom«,75e<nFori» 

rissKSWBS=^p 

MrtS^CWItowertlMad 5®-“ 

Intermortet Multicurrency Fimd 
m Class A - — P F 

_ piQM R . - f £ll A* 

MOTC BRUSSELS LAMBERT IBB WWW 
a BBL invest America _s 

d BBL Invest Belgium BF 127000 

d BBL Invest Far East -Y 33™JW 

d BBL invest Asia — * “l®-"} 

a BBL Invest Latin Amer — * 5K „ 

d BBL invest U tc — — J ms* 

d BBL (LI ItwGoldmtaes S 1»« 

a BBL tLl Invest Europe LF 1316M0 

tf BBL (L) Invest World— .LF 33S9JW 

d BBL I U Invesl B ase Me ioisS^ S10M 

d BBL (FI invest France-— FF 
d BBLIFI Rematund FRF — FF IfeSiS 

d BBL Renta Fd Inti- LF 360*M 

d BBL Patrimonial Bat — — LF I4MU0 

d Renta Cash S- Medium BEFBF 131MAM 
d Renta Cash S4Uled1um DEMDM 521657 

d Renta Cash SMeArmUSD S 
BANOUE BELGE ASSET MSMTiFUND 
snani Distrlbuior Guernsey 73MM 

w inn EaultY Fund [ 

w inn Band Fimd— * IHi 

ivDoltarSeneBdFd— * 

w Asia Padflc Region Fd S 102 

iv Indio Fund * 

ft sierllna Ewltv Fd J ’ -Vtl 

■v Sterling Bd Fa 1 125 

BANQUE INDOSUEZ „ Mnl 

wTheDrooon FundSlcnv— J •“ 

mJaoan GW Fd A m/iO/W)-5 W& 

1 m Japan Gtd Fd B |31/10JW)_S ljj 

| mDuo! Futures Fd Cl A Units J 
I m Dual Futures Fd Cl C Units 5 Jli# 

1 mMrolmaFut. g5er.lC[.AS 12W* 

I mMa*lma Fut.FdSer.ta.BJ jlg^T 

I mM3ximcFutFdSer2g.es JOW 

m Maxima Fktt Fd Ser. 2 Cl. D| 

I m Indosues Curt, a A Unih_J 
I m indasuet Cwt. Cl B Units— 5 1I3|* 

I n j pf| f, "] -S 4J5JJ 

I d I5A Aslan GrewthFimd— J 
I d ISA Janan Re*. Growth Fd_Y 

| a ISA PaOficGald Fund- J I7J 

I a ISA Aslan Income Fund — J 

I d Indasuez Korea Fund- » {*■ 

I w Shnnohai Fund— — * ii J 

I w Himalayan Fimd — — - — 5 £“■ 

I >v Manila Find — J 

I w Malacca Fixid » ”• 

I it Slam Fund .S 

I a indasuez Hono KongFund-J «■! 

I d 5 macs & Malar Trust * 22 

I d Pacific Trust H« KJ 

I a Tasman Fund J 

I d JOPan Fund * 1:2 

I iv Managed Trust — 5 "j" 

I dGortmore Japan vranont-S 9A 

I windosuezHlonYJdBaFdAJ *0 

I ivlndosuezHtghYIdBdFdBA « 

I h Maxi Bspona Was MIS* 

| o Maxi France- FF «n 

I w/flosri France «- — - — fF 

I d iwJosuezLatln Amrria — \ l{ 

I d indasuez Multlmedta Fd_— S R 

I BANQUE 5CS ALLIANCE-CREDIT BANK 
I 14122] JSMJJVGgnew 
I v* Plelodr Nortti Am EnylttcsS ^ 

I iv PWude E ureas Equities — Ecu W 
1 w Ptelode ASa Padftc Ea — S » 

I w Pleiade Environment Ea—S e 

I w Pielooe Dollar Barts * ,1 

I n Pletode ECU Bonds Eai 10 

1 w Pleiade FF Bonds— --—FF «B 

I w Pletode Euro Cow Bands -5F ■ 

I w Pletade Dollor Reserve 1 “ 

I w Ptetade ECU Reserve Ecu 

\ w Pieiafc 5F Reserve |F “ 

I ?AR^?Y5^tr?^ONULNAGER5 
I Hono Itono, Tel: HB7IBMI900 

I d China (PRC)- — J , 

1 d Hong Kang. ~S 3 

I d Indonesia — — * ‘f 

1 o *man— * ,! 

1 d Korea- — * 1! 

I d Malaysia -■ * S 

1 d PMflppIn gl ■ » 

I d Singapore * ’ 

I d Thai land — — — -* : 

1 BaSVnG^NTLFT) MANORS (IRELAHE 
I I DoCkiDub. «71e: 

I iv High YWd Band S 

I babThS (Ireland; 

1 (NON SIB RECOGNIZED) 

I wAustndta — — * 

1 nr Mean TedmaMV * 

1 * Japan Fund- — — A 

I w Japan New Generation 1 

I W Malaysia & Singapore— s 
I iv North America. — - — — ? 

I nr Octopus Fund * 

I iv Padflc Fund—— * 

1 iv International Bond -J 

■ w Eunwa Fund — * 

1 IV Hono Kona— — — J 

I ivTrMor Warrant——— » 

I «v GUM Emerging MWs j 

I iv Latin America. -» 

I ir Currency Fima ■ — ; 

I *r Currency Fimd Managed —J 
1 w Korea Fimrl ■ - ^ 

I wBartnoEmcroVltorldFd — S 
1 BCL CURRENCY FUND 

1 m BCL USD — - — * 

I m BCL DEM DM 

1 mBCLCHF |F 

I in BCL FRF -FF 

1 mBCLJPY Y 

I BM GROUP OF FUNDS 

I nr BDD U35 Cam Pund — S 

1 ir BDD Ecu Cash Fund— Ecu 

I iv BDD Swiss Franc ObTi — — JF 
1 w BDD im. Bond FOTJUSS— S 
I w BOD Hit. Bond Fund- Ecu —Ecu 
I w BDD N American Equity Fd$ 

1 iv BDD European Equity FundEcu 
I inBDO Aslmi Eoultv Bmd_J 
I ffl BOD U5 Small Con Fund— S 

I m BDO Jomm Fd . — . * 

I mMD Emerging MkttFd—l 
I w EuruNnondere Rxed 1 nc — F F 
I iv EuroHn MultFCvBd Fd— — FF 
I BEUNVEST MGMT 1GSYJ LTD 




Ira# 

Ktil'ag 



pill 


|i:v 


eg 


■ ■" advertisement 

INTERNATION AL fund s 

„ ..—use 


0 Htghhrhtge CmltBlCgr F— -» 
mOvertw k Performo nco Fd-J 
m Padflc RIM Op Fd — — — -» 







r n » - eai 








mms 


EMFUND'MMtAGERSUmWl LTD 

d Camtol » ?tSs 

a inf**" A 

INTERNATIONAL INCOME FUND 

ft I mM Tnrm 1L JIJVZI 

d Long Twm - DMK HZjWl 107.170 

ESMITAGE LUX C*»W1« 
iv Ermllage Intar Rate Stmt -DM 10.16 

iv ErmBage Sen Fund S 

iv Ennttogc Asian Hedge Fd^ 12 

w Ermllage Eure Hedge Fd -DM *26 

w Ermllage Crosbr M« Fd-» i»5 

wEnrdtogeAmerHrtFd— J 
w Emil tone Eater Mms Fd— S . 17JI7 

EUROPA FUNDS LIMITED 

d American Eautty Fund S 

d American Option Fund S 

iv Aslan Eaultv Fd 5 

iv European Eautty F d— — —S ,25 - T ® 

EVEREST CAPITAL tN*J «» - 

OlEvwtf COPttOl IflH LtdLj 134-51 

FWIWELD GREEKW ICT GROUP 
m Advanced strangles Ltd— J 16J552S 

m Chorus imernatlonai Ltd — S m*> 

w FaH-HeHS InriLJd— * 

^lVt^I^N^CES^ 

,a 

d Fid. Amer. Assets J 1?"7 

d FrontleT Fund- * 

d Global ind Fund-—- J 

d Gtatmi Selection Fund \ 

d New Europe Fund » .^2 

d SmSdGrawei Fund J 

d "^NaEeMENT 

Premium canL— — » i®* 

BANK AJL <72 43B S5 
fonds Inti Growth Fd .5 __ »g 

SNA COLONIAL EMERG MKTS LTD 
ndan 071 638 1234 „„ 

nttntan invest Co Staavs M 

lltapinvemcostov— S "Jj 

r^E»3dFdi 

I America IncanmCo-S yg 

i American Invest Co^ 1"J 

laxi Invest Co Sksjv — J 
nrion Invest Co Staav— S 
MARKETING GROUP (BID) 
m 2001. Hamilton. Bermuda 

; Gtabal (31 Oct) » 'Jf* 

5 N. Amer. (31 Oct) - — J 1WJ. 

1 Europe (31 Oct) —_-S J}” 

; EMG MKT (31 OcO— S 1££ 

S Q (31 Oct) * *11 

3 Fixed 131 Oct) S 1®2S 

INCEPTS (BERMUDA) LTD 

cents Forex Fund s 9JQ 

«• 

W 1 " ™« 

352)46 54»<n 
(352) 465*23 
1 PORTFOLIOS 

M Bond DfcS S2B DM Lg 

erband Dlsli* p J® 

tar Bond Dtsil* * 

rgpetm Bd — OLs 1.12. E« 12* 

inch Froac— Dls«< — FF 12« 

fiOl Band— DH2JJ7 S Z*7 

TY PORTFOLIOS 

SW a c • 22 

ittnental Europe. Ecu Jg 

vvtoping Markets *. t i§J 

S5iy =m u 

emattonal— * 

rh? America —5 ^ 

ittzeriand SF 1A 

illed Kingdom 1 '■» 

ERVE FUNDS 


m aj . wGJT, Korea 

mVi? vGT. Newly irt Cauntr Pd -S 

1BL27 E wG-T. US Small Companies -I 

■ wr.H niEBH.V MPniL HUUf 


•G.T. U5 small uxnpaniea — » 

GUERNSEY CAPITAL MANAGEMENT LTD 
t GCM InL Ed. Fd 
7 GCM InL Fix. Inc 

f GCM ussspeckd _ __ . - 

GUINNESS FUGHT FOMNGRS (GjwW)LM 
GUINNESS FLIGHT CLBL STRATEGY FD. 
d Managed Currency . S 3*-“ 

d Gtabal Fomt * 3X77 

d Global High Income Bond -A 7U* 

d GfliE (Band— _ 
d Euro High Inc. Bond 

d Gtabal Eaultv 

d American Blue Chip 
d Japan and 
d UK 


| it y,» >'| <i 


(yj ftr H * a ■ 


MWM -, 




w Beflnvest-GlobaL } 

w Be l Invest -I srael 

w BetlnveJ-Multltiond 

iv BeUnveR^wtrioiv 

BNP LUXEMBOURG 
INTER CASH 
I Franc FRF. 

I France Secwit e 

I inter Cash DM 

t inter Cash Ecu- 

I infer Cosh GBP ■ 

I inter Cotai USD — 

INTER MULTM NVESTME) 
w Privatisations inti Imrast - 
w Telecom Invest- 

INTER OPTIMUM 

w interim ml USD — . ... — 

w BEF/LUf — — 

ivMufttaevKesDM— 

wUSD— 

» FRF — 

INTER STRATEGIE 
wAustralie.. — 

w France — — — - — ■ 

w Europe du Nord_. 

iv Europe du Centre. - — 

iv Europe du Sud 

iv Jopon —————— 

iv Ameriauedu Nord— — s 

tt Sud-Est Aslattaue 

wGtabol - 

w Small Co n — 


SmrtDtverilfled Fund — S g» 

.. LeYWopg^SJ 0 * 11 * 5,75 

AIII2 RILL LYNCH _ 

2 imo 

MERRH-LLTNOtStTORT-TERM 

WORLD INCOME PORTFOLIO 
d Class A- — | JS 

d CioaB- ■* “ 

O^MLCURRBNCY BOND ser ies 

AUSTRALIAN DOLLAR PORTFOLIO - ” 

H 17.1S dtu 

CMSgSil DOLLAR PORTFOU Q 
tf Cawwrv 5 rx mu 

COKTORATE high income PTFL 

d CknsA-1- * Js 

KCtaiW- * *2 

joimfr i. — ; ^ 

DEUTSCTE MA RK PORTFOUQ 
d Categ my A— w n 1WJ 

EUROPEAN BONO PORTFOUOIDM) 
d CIOSSA-I— * .’tS 

d Class a- J 1«3 

d Class B-l -» l|g 

EUROPEAN BOND PORTTOUO (UH) 

js fl 1 

i n ^ * HUB 

TOUHD STERLING PORTFOLIO 

aSSS B - .:."" =5 

SsdoluTrportfouo 

d Category A — — * 

d category B- J 

YEH PORTFOLIO „ 

d Category A — Y ^ 

ft fntMtfy ft - Y l " ,> 

l&LTlCUHReNCY BOND PTFL ^ 
d Class A ^ 91JQ 

US C FEDERAL SECURITIESPTFL 

d Class a s 

rf Class B — * 

25unv / OwfraRTlBLE SERIES 
BASICVALUE PORTFOLIO c 

d Class A — ; 

CONVERTIBLE SECURITIES PTFL ^ 

rt ffig — * 1328 

GLoSu ALLOCATION PTFL (USD 

J nun 

^E QUITY PORTFO UQ 

giSSl smauTcap porttolio 

doagA. . - . \ 

EURO EQUITY PORTFOUO 
d aossA i ’if} 

AMERICA PORTFOLK) 

d Class A. S iJS 

PAOFIC EQUITY PORTFOUO 
d Class A ■■ - —2 

5w^> NATURAL RESOURCES PTFL 

d Class A — * 

dClassB— 5 

DRAGON PORTFOLIO 
d Class A — » 

MEh'hilL. LYNCH BANK (SUISSE) UL 

SWISS FUNDS 

d MLBS Batanert A USD S l^» 

d MLBS BaSonCed B CHF S 2MJ44 

d MLBS Fixed If* A USD S lOM* 

d »LBS Fixed lac B ECU— -S 14V1S2 

LUXEMBOURG PORTFOUO 

d US Dollar Find Inc * .^2 

d DM Fixed Inc DJJ J** 

d ECU Fixed line— g« 'Ki 

isss£srt=z- -I 

rgqtt — i "S 

MERWLL LYNCH INC I portfolio 

dCtossA f 

d Closs B — 3 |3J 

MERRILL LYNCHMEXICAN INC POKT 
d Mexican incSPtfl a A S 

-dSfflsi^a?^ aS 

m Momentum Rotabow Fd— S )li« 

m Momentum Rx R R.U- 1 gg 

/DMomenlumStodcnxisler — S J**- 16 

MORVAL W0NW1LLER ASSET MGT Co 

wWIBer Janon Y 20i» 

w Wilier South East Asia — _S 1727 

iv Wilier Tetacnm— — — — — * 

wmertunttrWmertxxtaGapI li^ 

„ WUiertimdSrWnierbort EurEoi 1W3 

w ¥hl leriurtsrWmerea Etr— Ew 1X66 

■vWtUerfunds-wi Berea iWr-Lil 1717MC 

wWllleriurts-WUtareaNA— S 1UI 

MULTIMANAGER N.V. 

m World Band Fund Ea. 12B 

m European EauWes —Ecu 1449 

mJantxiese Enuffles — J “ 

m Emerging Market s — A 7156 

mCaxh Enhancement i 

mArbltroge, -2 

NICH0LA5-APPL6GATECARITAL MOT 

d NA Strategic Opeortunlhes J J01E7 

NA Flexible Growth Fd % 14657 

sasmSEteg^uo 1 " 

Sx^S^^C&^LTO ' 

^ Gnavencr SLUM W1X9FEy44-p-499 7999 

d Oder European— DM {“*« 

ivOdev EuraPM"— — — — — » 
wOder Europ Growth Inc — DM ULM 

wOtJevEurep Growth Acc — DM 13X13 

wOdev Euro Grth 5 ter Inc — £ |4» 

w Odev Euro &1h SJerAoc-J 5i,s 

OLYMPIA CAPITAL INTL. INC 
Williams Mouse. Hamilton HMit. Bermuda 
Tel: 809 292-1 DIB Fax: 809295-2305 

wFtnshurv Group 

wOtvmpta SecurttaSF 
w Olympia Stars Emerg Mkt»* 
kvWincIV Eastern Dragon 
iv Which. Frontier . 
wWlndi. FuL Olrmpto Star 
w Winch. Gl Sec Inc PI IA) 
w Which. Gl Sec Inc PT IC» 
m winch. Gtabal HeaHhrare-Ecu 
w winch. Hkhi Inti Modtaon— Ecu 
w Winch. Hktoinn Ser D 
w Winch. Hldg tall Ser F 
■V Winch. Hldg Olv Star Hedoe* 
iv Winch. Reser. mitt). . Gv BdJ 
w Wtachestor Trtli md- S 
OPPENHEIMER * CO- INC Fds 
b ArtHtrase international 
b Emerg Mktoinri II 
b Inti Horizon Fund II 
OPTIGEST LUXEMBOURG 
b opttoestGa»l Fd-FIxod lnc_DM 
0 OpHaestGUN HWlMMjf 
OPTIMA FUNDMANAGEMHTr 

sxaisiWBca""*^ 

W Optima Fart 

iv Oottma Futures Fund 
iv Optimo Gtaoai Find- 

iv apHma Pertaita Fd Ltd — s 

ivOntlma Short Fund- 

v The Platinum Fd Ud 
ORBITEX GROUP OF FUNDS 
d OrWtex A^Poc Fd— — -5 

d Ortttex Cam State Tech F« 
d OrbRex GUH Dtacovury Fa J 
d Orbllex Growth Fd_———S 

d OrWtex Health S Emir FdJ 
d OrWtex Japan smaU Cop Fd* 
d OrWtex Natural Res Fd — CS 
FACTUAL 
d Eternltv Fund LM 
d Infinity Fund Ud 
d Novasnir Fund— 
d Star High Yield Fd Ltd 
PARIBA543ROUP 
w Laxor 

d ParvestuSAB 
d PmvestJCBanB _ 

d Parvest Asta Pad! B 
d Parvesl Eutaoe B 
d parvtst HWlart B 
d Parvest PnmceB 
d Parvest Germany 
d Parvesl OWl-DaUor 8 
d Parvest Obn-DM 
d Parvesl OWI-Yen B 
d Parvesl OWI-GuMan 
d Parvest ObU-Fnnr 
d Parvest OHWterB 
d Parvest OWFEai B 
d Parvest ObH-Eelux B 
d Porvest 5-T Dollar 
d Parvest 5-T Europe B 
d parvest S-T DEM B 
d Porvest S-TFRF B 

d Porvest S-T Bet Pius B BF 

tf Parvest Global “ 
d Parvest Int Band B 
d Parvest OMFUroB _ 
d Porvest Int Eaulttes B 
d Porvest UK B__— 
d Porvest USD Plus B 

d Porvest 5-T OtF B. 
d Parvesl OWI-Canodo B C* 

d Parvesl OWFDKK B 

PERMAL GROUP 
f Emerging Mkl, 

/ EareMtr (Ecu) Ltd—. ™ 

l FX. Financials 6 Futures _S 

f Growth N.V — - 

i investment Hktgs tLV^ 

f MBlla A Co mnxmtcat ta ro-3 

PIC TCTA C l E- GROUP 
d Amerasec———— 

WP.CFUKVWILUX) 

w P.CF Germaval (Luxl DM 

iv pjGF Noromval (Lux) 
tvPXJFVaHberJUMJ- 
w P.CF Valttalta dJJxl 
wp.CLF VoHrtXICB (Lux) 
w P.U.F. VOtbond SFR (Luxl JF 
w P.UJ=. Valbend USDILujOJ 
w p.U.F. vattxnd Ecu (Lux) -Ecu 
w P.U.F. Vattxmd FRF (U»>-FP 
wPJD-F. VataOrt GBP I Lux I -I 
iv p.U.F- VoExxid DEM (Lux) DM 
w P.UJP. US S M Ptfl (Lux) 
iv P.U.F. Model Fd 

rEKS&nsLVfeS 

w P.T.F. Eurowl (Lux) — 

d ptetet vatsuhno (CHI SF 

m Inti SmaB Coo I IOM) — ---3 
PREMIER INVESTMENT FUND 5 LTD 
r/e pjx Box 11 90, G rand Cayman 

Fax: (B0*> 44*4*93 _ _ . 

m Premier US Enu»v Fixxl — * 

Premier mti EoFort—— — A 
Premier Sovereign Bd Fd— * 

Premier Gtabal Bd Fd— 

Premier TotqlRetuniFd 




d Regent GW 
d Regent Gfbl 


1 A :Lir, r ,y | [ r m 


• rrtrr 

nyVl i tfli 

•p4Y^*riis£zL 





M.'iilr'i'li'i Biiri 

\y'\ 










, 11438 

sar sajsass=s sss 

5SSSS 'sssssszS fg 

d Unlvetrtlfiy!^- ~ y 1188X80 

MBSiaaEEgaT«r..cw 

i8SS g.8J=L . .S 

" M .g?gSSl£gpf 

wtier Ce mcanie sCLSirt *A4 

rostr. A CortnimtaHtan-* 1iM 

nJunericonCtA— — — -J ?70 

nhAmeritwOB —* IMS 

„ 1X1* 

d ForEost— - — ; 836 

d China Gat eway—. „ , 1671 

nergtagMmjgg s — i 100* 

(Mfgbtg Markets a B — » 9J1 

obot Utilities-— » f.7B 

anal CanvertiWe -J kub 

abai Balanced-- — -J nJS 

lobal in come Ci A — » talc 

mer» MktsFlx tnc OB— 3 93< 

SGoverahwat. ioi 


issUaotd Reserve— —* iniu 

^SSmvw« E!f75 

BWTH PORTFOLIO 1278 

17.13 

JassA-? 1 1459 

SassA-3 , 122 1 

JCSS B-l 1656 


’ ' 1- * a 1 " ■ 1 4 * + 


IN-HOUSE FUND* 






mNemrod LeveggefllHld 




r 

■ 


g^V!n'ik'JL('H^Ll(l* ; jA 

f 

mi™ 

1 


1 


1 


1 



ft 

3 p 



B 







ar .ii J 1 r aj 

t-enUJl-ll* 


MS 






33WE PORTFOLIO 9M 

Toss A. i 9 JO 

SfegSBKft®^- 

PocH imrt Fd SA l. 3405 

Pocit lirt «SAD^— »» 

Eastern Cresoder Fart— -J tott 

Thar. LW iJ^papro M Ltd J 

Thornton Qrien tjwc wlws 5272 

T hai » *o n J* *™. 1 * 1 \ 2134 

Moncoed Seiedtan —* 1400 

Jokcr ta — - < 1B3B 

^??GER5ELFUND e *4^7 

Hong Kong — ; 1551 

Jcnea — i 9.01 

Korea—.. ■ % t>33 

Philippines l ZlAt 

2322 

Mofcivsia— — t 776 

macxiesia — — — — , io jb 

USSLtcuMHT 1 15.11 

C Wrt— — — ; 24.97 

H0RNTON TAIWAN FUND a5_{j7 

Eaulty inccme— % uJK 

EouUy Growth — — — — J nun 

l Liauidity— — --33; — 

IEBERSEE BANK BNlCB 120584 

| a - Fund - — e e 40410 

! I - Fund S3* 

I J ■ Fond. — ■ ge TTBD27 

f M • Fund — — - ' _ fp 10.42 

f uBZ Euro- income Fund — ^ S35 

j ubz Wttrtd income Fund— Ecu ag 

J UBZ Gold Fort—-; ■> ^*2 

SJESSSSsS? SS 

isasEtSBeas*. H 

saswsts^^ 53 

SSStSKSSSSSSfli-Js? 8 

UNION BANCAIRE ASSET MGT (UBAM) | 

INTERNATI ONAL. NASSAU ^ 

urAfrtllnvg t. { 9*123 z 

nr Armtaesi - J 11m 79 z 

wBccatta-- -j Sm Z x 

w Bectarrvest — J {tS« t 

p,|rucinvesl * iOTS46z 

w DWutures ; 248322 i 

tvDbvcsi- — ; SSrS: 

Z Dimed Inti Fix lac Strut— 3 iSSl 

wjagiflvest * ™ii5 

wMansurvest J iSuro* 

wMeriimiesi * 

w Mourtnvmt — — — -J 

w Mour invest Comlnalrd * MXge 

lepyr Inv est Eqj 

SB S&=$ ® 

mi 

■vTudinvest — * 

uinaNBSeuii^r«T(UBAMi 

INTERNATIONAL, LUXEMBOURG 

w UBAM 3 Band 3 

w UBAM DEM Bond — — DM ITO^Z 

w UBAM FRF Bkxid FF 5<ra»Z 

w UBAM Germany DM 10»5** 

w UBAM Gtatxil Bend Ecu £*4M7- 

w UBAM Japan — — — Y ®Kunx 

Z UBAM IlhPadlG Asm 3 

d Amca SF 








A- 1 

' 








• 



feSS | rt g tg = 


:gss?s«s^" 

Sttl^Fa.tanB Ceris— * 

wcSwAjBgtMff htl-M-H 

wCumher lamyr—— , 

d DWwo Japan F«md- . — ^ 

»pgUtWAS8*L AHaC 3 

t dvt performance Fa * 

m Dynasty Fund : 

* Mbs Overseas FwtaUd — J 
S I We world Fun d Lta f 

JBS’gggFff 

d Eml Seam irt. FJ» T" 1 

dEmiUK tadex PKW g 1 

ISaSMEJSB^ 

d IScaartttaro Ecu 

w FJULP- Porttalia. — i 

mFatum Furt— — i 

m FirobWOvwsrts Ltd—-* 

w Flrri ^ 

w First Ecu Ltd — « 

at First Frontier Furt * 

w FL Trust M i a. -~j F 

iv FL Trust Switzerland. sr 

d FondUaHa 

BT Fonjux I Monty---— 

w Fantux 3 • tall Brtd 

Z Fanirttn tan 10 Inti -DM 

d FortHutta G roup * 

m Future Generation Ltd * 

mFXC investments Ltd » 

WG.1.M1 MulfliStnilWy- — » 
mGEM Generattan Ecp Cl__Ecu 

mGEM GmaWtan Ltd * 

m Gemini C avs LW — j ■* 

m Gems Ptwwsiyj Fd Lid— 5 

(V Gtabal *3 Fond UdX- * 

iv Gtabal 94 Fund Ud.SF |F 

BT Gtabal ArWtrw Ud 3F 

m Gtabal B and Fa rt-— ; — * 
iv Global Future* Mgt Ud — * 
wGamord |F 

sgsss«?^| 

^hS^^N^.1'0^313 

BHI^ta!jjQ»l talC0tP--i 

w Ibex Hatalng* Ltd SF 

b * 

b ILA-IGF -* 

6 ILA-1NL — — 1 


50651 
109.11 
3168 
38X03 
5884 
02552* 
1059286 
997 JT 
88863 
38M 
inue 
1A4 
144000 
887731 
100800 
1063828 
I134ZJW 
S8226 
90614 
18282 
10539 

junn 

697 Jt 
11699 JO 
I2T9688 
13288 
14X64 
7J8 
1000 
10127 
0.6448 
123028 
I37.C 
6044629 
2987 
6611 
174.15 
13826 
B27I 
961.90 
*6253 
97U7 
9091 
864.94 
9SA47 

684.43 

90256 
88X7) 
5361.18 
150445 
7900 ! 
1746.44 
100 GJ 0 
1225 
2429 
145082 
7288 
127177 
2633 
. 84156 

5*536800 
*46 
788 
61LH 
10458 
274.97 
1225486 
22482* 
1254 
1129 
TUJO 
7934 
567580 
I 29 SO 

l 96217 

4UB 
7J5 

k 7863 


X , JR-T-St 




,(|B 


ipjOtk 


d Bond-lmresl SF 

d sr.t-inves: jr 

g Ccnce ; |E 

tf Ccnveri-irtvest -SF 

cf D-Mnrfc-lnvest P“ 

I tf Ddlor-invest 

j d Enerale- invest — SF 

1 tf |F 

tf Earn -fr 

d Faroe. |E 

tf Franctt g 

I tf Germcc. — 

I tf Dtablnvrst 1^ 

i tf Ga*Hn«9t 5f 

d Gvtoen-lnvot Ft 

d Helvehnvest 5^ 

d Holiort- invest =F 

d Hoc — ; — —5^ 

d Japcn-lnv«st_ -SF 

tf Pacific- Invest. |F 

0 Soli I — 

d Skcnainovicn-Inrest 5F 

d Sterttao-ltwest — 

tf Swiss FrrwK-Invest _5F 

tf Sima 

d Swisveal- — r - „ — sf 

d UBS America Latina 5F 

d UBS Ameriai Latina * 

tf UBS Asia New Horizon 5F 

tf UBS Asia New Horizon * 

tf UBS Small C Europe- SF 

tf UB5 Small C. Europe DM 

tf U8S Port Inv SF R tnc— — SF 
tf UBS port Inv SFR COP G— SF 
d UBS Pori Inv Ecu ne— — SF 
d UBS Port Inv Ecu Inc— — Ecu 
d UBS Portliw Ecu Cop G — SF 
tf UBS Port Inv Ecu Cap G — Ecu 

tf UBS Port Inv USS Inc * 

a UBS Pori Inv US* Inc — — SF 
</ ubs Port inv USS Cop G — sf 
d UBS Part Inv US* Cop G — * 

tf UBS Port Inv dm Inc SF 

tf UBS Part Inv DM Inc— DM 

tf UBS Port In* DM cap G — SF 
tf UBS Port inv DM Cop G — dm 

tf UBS Port Inv Lit Inc— SF 

tf UBS Port Inv Ui Inc— — Lfl 
it ubs Port inv urCapG . — sf 
tf UBS Port Irrv UI Cap G — Ut 

tf UBS Port inv FF Inc- 5F 

tf UBS Port inv FF Inc— — FF 

tf UBSPorMnvFFCopG — SF 

tf UBS Part Inv FFCopG — FF 
tf Yen- invest .. — — J 

tf UBS MM lnv^-U» » 

tf UBS MM InvosMSI- I 

tf UBS MM Invert- Ecu ^ai 

a UBS JWM invest-Yen Y 


56Jay 
13930 V 
71.00 V 
12130V 
U 19430V 

10486V 
11858 V 
: M0JJ0V 

F 14850V 

F W7JMT 1 

F 194B8V 

F 24420V 

F 10620 » 

F 2I2S3V 

I 25170V 

F 10230 V 

F Xt230r 

F Ml JQ V 

F 23S50V 

F 43620 y 

F Z&39 v 

F 257.il V 

)9488r 

,F rnjov 

iF 23730 

iF 19*20 

IF 111.48 V 

8485V 
IF *620v 

i 7118 V 

iF 9220V 

W 10880 v 

iF 18480V 

iF 184.15 V 

iF 9685 V 

Ecu 5926V 

iF 9MB V 

Ecu 6121 V 

( 7329V 

SF 97.10 V 

SF 97.15 V 

5 7302V 

SF 7438V 

DM H220V 

5F *495V 

DM 112.18V 

SF 9685 V 

LA 11818280 V 

SF 9430v 

LTt 119B2MV 
SF m2Sv 

FF *JM¥ 

SF 9980V 

FF m«V 

Y BS8Z7JMV 

S 182284 

8 41X41 

Ecu 531.1* 

,Y 101*1*20 

,LH 1081*8X00 

SF 5916*6 

PF 529637 

PI HB8J2B 

a iwjd 

JBF 2729820 

DM 54880 

.ECU 15384 

SF 101 JI V 

DM 10183V 

J 9331 V 

.FF 106236 V 

.CS 103.08 y 


SuMMMln^LH- Ltf 108WHJ0 

tf UBS MM ImrroMFR SF W16.W 

tf UBS MM nv^-FF. FF ^ 

tf UBS MM nvmfHFL {“gS 

d UBS MM Invert-Can S _C* 

tf UBS MM irwest-BFR— — BF 
d UBS Short Term InvDM—DM 5M80 

tf UBS Band mv- Ecu Ecu 5384 

tf UBS Band mv-SFR SF tOl^v 

tf UBS Bond [nv DM— •° M ’“^7 

tf UBSBandlnv-US* * «■»!* 

tf UBS Bond Inv-FF FF 10C56V 

tf UBS Bond Inv-Con S CS 

d UB5 Bond liw-LII — UI 113243920 V 

tf UBS B.I-USS Extra yield — S 94.19 V 

tf UBS Fix Term InvSFR 96-SF 107^ v 

tf UBS Fix Term Inv-DM **— DM 1 1124 y 

if UBS Fix Term inv-Eai 96-Eni |«37 v 

tf UB5 Fix Term Inv-FF 96 — FF JOJ-38 V 

d UBS Ea Inv-Europe A DM gjijv 

tf UBS Ea mv-EuraM T. DM 227-** y 

a UB5 Ea lnv-5Csi USA— S 
tf UBS Port I Fbt inc ISFR1— SF ,*734 y 

tf UBS Port 1 FI* Inc IDM1 —DM 1008* v 

d UBS Port I Fix tac l Ecu)— Ecu J0T.7T y 

tf UBS Port I Fix Ine (USS) — * —ISS'JS v 

tf UBS Port I Fix InclLU) — LJt 10lTO«v 

tf UBS Port I FIX Inc (FFI — FF 40431 y 

tf UBS Coo Inv-WW US* 3 10S£ * 

tf UBS Cop Inv- 90/10 Germ— DM 12225 v 

WORLDFOLIO MUTUAL FUNDS 

tf S Dally income * 

tf DM Dally Income — DM 

tf s Bend Income S 1739 

tf Nan-SBands * 2W* 

tf Global Bondi —1 

tf Gtabal Botanrod S lf-0 

tf Gtabal Eaulttas — S 188* 

tf US Conserwitlve EaulttaS-3 1485 

rf US Agrespve Equities 3 1XS6 

tf European Eaulttas S 18« 

tf Podflc Equities— S 1125 

tf Natural Resources S 7.71 

mPF 13 Cto Alla GrowttL—— 3 1X71 

mPF 14 CIp Emerg Mkl Deb_S 1142 



“i 

r .:a s £K£3SsrfX £ 

tflntarfondSA J * 

tf inHNalwartt iBvt. — »„ . 

tf Investa DWS__— ——DM 7 

w Japan 1 Greater Ashm 

PIWFD — — * ” 

l, JTO PncfflcFund- S Z7 

in jaaan Setecttai Asia — j ' 

wKenmorGh l Series * * »U 

wKenmorGumarteed- J J 

fliKtagafeGtobol Fd Ltd J > 

wKM GtahW — } ,0 “ 

tf KML ■ H High YWd J * 

iv Korea Growth Trust— — — * 
a La Fayette HoWtags Ltd—. S i ; 

B La Favette RMuWrGrawttiS J, 

mLa Jalta IM Grth Ftf Ltd — J l 

wLeotSicov — — -} 

a Leu Fet'l o n mw Di Fd * ™ 

IvLF InternattanM * ,z 

m London PorttoHo Services-* 

m LPS Inti H.PB 3 J 

m Lux Inti Mat Fd Ltd * to 

ivLuxtund 1 

m Lvnx SeL HoWlros— — - — SF 1 

w M-KIngdan Offchore. N-V — * 

-SBBaSMSSEti, » 

sJS^r^o53Tni F r 

nMCM WL Limited— ———3 
. tvMUtatmlum h^nattanal— 3 

mMJM InTeanttonal Ltd -S 

tf NIL Princtp Pratec Plus — * too 

m Momentum Gufld LM— — 3 
w Momentum Naveiller Pert-* 

w Mandtavol Sknv — SF 

mMont Bhmc Hedge * 

wMuttituturos . > — ft 

tf New Millennium Put. Ltd— 3 
d NewtxmkDebeatum-— — * « 

mNtaetythreeMuhiajFtfNVJcu i 

mNHT AsianSel. PortWta-S 
■vttaWe Partners Inti Ltd. — 1 
w Nava Fta Fd LW- Proa Ser Jt l 

diNSP F.l.T. Ltd , » \ 

m Ocean StroWlH Umtad-3 

0 Oltslwre Strategies Ltd » 

wOta ironside Inti Ud— \ 

m Omega Overseas Partners J ’ 

mOPpenheimerUAArt. 3 

m Optimum Fund— — -s 

wOrode Fund Ltd * 

m Overtook Perionnantt— 3 
mPodt RIMOPPBVI Novl4J 
m Pan Fixed ine Fd (Jon 31J-3 

m PAN international Ltd * 

Yf rgncurrt loc 
w Panda Fixid Pic — ■ - ™ — S 

m Panpipes 0«shore(0rt 31) 3 

mParnBoiiiFimdLttnltatf 3 

m Rural lax Pund Li d ; 

(TTpeuuot tart Fund— — 5 

mPermal UpdyKeUd.. 3 

r wPhaniia/wH«il1ti_— — * 

i w Pluiigesltafi Pkiritarex . — FF 

i w PlurigesHon Ptarivoteur — FF 

f w piurivcst Slcn*— — — f F 

t mpambay Oversea LM * 

t m Portuguese Smaller Co. .3 

m Portuguese SmaltarCaCl C* 
arPrima Capital Fund Ltd — 3 

i mPrimeo Fund— — * „ 

t tf Proflrent SA— — dm 

I w Pyramid Inv Fd Corn » 

1 rf Regal int* F und Ltd— — — * '■ 

, to RehCam investmait N.V_* 

i l Ric inoveel Fundi B. 3 

i iv RM Future Fond Stow 3 . 

r wSanorsirttEoirttv 

, w Saflor-S HML E™ 

i tf Sanyo Kta-SorfriFd— S 

l d Sarakreek MoWng N.V 3 

y IV Solum Fund * 

y mSovov Field Ltd — | 

y tf SCI / Tech. SA Luxembourg* 

y mSeleeta Gtabal H«taeFd—S 

v d Selective Fut^tflUd- * 

y w Sinclair Multttand Ltd S 

!J wHj^GtobaflAWlVTI-i^ — 5 

v tf Smith Banwv WrtdwdSKJ 

l tf smith BamevWrUwd Spec* 

J wSP International SA ASh-3 

y w SP International SA B 5h — * 

y mSpfcll HedoeHld- * 

y ro Spirit Neutral Hid— — S 

y w Statahorfll (Tseas Fd Ltd — 3 

y ivStalnhanll ReoMv Trwfl — 3 

v w Strut Healthcare Inv Fd — S 

y mStrtcter Fund — * 

m Shame OHshore Ltd S 

tf Sunset Gtabal III LM S 

d Sunset Gtabal One — 1 

m Sussex McGarr 5 

wTechna Growth Fund — S F 

tf Templeton GtabatlK — —3 
m The Baltic Growth Fd Ltd-OM 

I mTheBridoe Find N.v S 

i mThe Geo-Global onshore— 3 

I tf The Instil Multi Advisors— 5 

I m The J Fund B.V.I. Ltd 3 

I wThe Jaguar Fund N.V. 3 

I V tf The M-A'R-S Fd Stow A — S 

Iv tf The M*A*R'SFd Stow 1 — DM 

I y tf The Magus Ecu Fd Ltd— Ecu 

> y tf The Magus US * Fd LM * 

I y mThe Seychelles Ftf LM S 

)v mThe Smart Bond Lid— — 5F 

Iv mThe Smart Bond LM * 

I y iv ThemaM-M Futures— 3 

tv mTtaer Setae Hold NV Bid— 5 
J v 0 TIICIOTOJop-FtfStow-S 
4 y 0 Tokyo IOTC) Fund Slcav _S 

9 y w Trans Globed Invt LM 3 

9 y tf Transpacific Fund— Y 

Sy ivTrinlry Futures Fd Lid— 3 

4 v m Triumph I * 

9 y m Triumph IV . ..J 

Tv tf Turauobe Fund — 3 

g y w Tweedy Brown Inti SFR — SF 
Ev m Tweedy Browne I ntlnv. — * 

D v w Tweedy Browne av. a A — i 
Qy d UbaFutures . . - FF 

t$ v d UbaFutures Dollar 3 

t ultima Growth Ftf LM 3 

n tf Umbrella Debt Fktod LM — 3 

rt tf Umbrella Fund LM —3 

S9 iv Ihfi Bond Pund —Ecu 

M wunl Capitol AfietnoBne DM 

n w Unt Capital Caaverttbles —Ecu 

0 w Um-Glbl FS Svsiemallaue -SF 

19 w Unl-GM Sic FS Max 3 arts -SF 

05 m UnKHabai Stow DEM DM 

56 w Unl-Gtabal Stow Ecu -Ecu 

88 w Unl-Gtabal Slccv FRF. FF 

25 w Unl-Gtabal Slcav FS SF 

.91 w um-Gtobai Stow USD S 

71 d klntai Eauttv Fund DM 

42 tf Unlco Inv. Fund DM 

w Ursus Inn Ud * 

mValbowie— Ecu 

mVeoa Fd lm Class A s 

m Victor Future Fund... 3 

m Victory Gtabal Fd LM 3 

0 Voyager Investments pfe 5 

w Vulture Ltd 3 

m Welles Wilder Inti Fd -3 

tf Win Gtabal Ftf Bd. PHI Ecu 

tf Win Gtabal Fd DlvPIfi Ecu 

tf wbi Gtabal Fd Ea Ptfi Ecu 

tf World Balanced Fund SJk_S 

w World invert Mixed 3 

m Worldwide Limited . ...5 
w WPG Fwber (Tseas Part _ 3 

mWW Cmritnl Grth Fd Ltd 3 

m Young ■ SF 

mZepiwr Hedge Fund ■ I 

■v Zlmta (1994) LM Y 

mZweta inti Ltd 3 


1125 
10187 
10077765 
8*29 
108J3 
701 JS 
*834 
5A51 
93750 
12*020 
100152 
£4JC 
16877 
111747 
1X27 
136.13 
*5853 
*175 
15X223 
171 JE 
1540.01 

iixa £ 

min ^ 




mm 

93X41 

1333 

1123 

11X75 

6*3 

128585 ' 

4.75 
126184.48 
1032 
*146 
22Z7604 
121604 
1Z7607 
880 
620 
141939 
131725 
18 S3 
8P.B36 
*5484 
765 25 
)X '-6 
13*247 
5828 
2*13* 

1323627 

79686*5 

15931 

7683 

984.76 

8*11.17 

iMJM83 

12626 

1*735 

96648 

21181 

91400 

706 

1X86 

93603 

*961136 

102421 

56608 

1*5X23 

295*55 

111*0 

10058 

857.7620 

83668 

9810* 

7275.15 

*432 

1109 

1027 

1*7.13 

1*80500 

964770 f* 

771.13 r 

471.98 
15145 
9J4 
2201 
4921 
29437.74 
431603 
67S 
149.&6 
20180 
i 232X24 

I 348X79 

I 144677 

10010 * 

100632 
I 123624 

t 127X71 

644284 
116616 
109684 
I 67.15 

l 5920 

475*40 
u IMI 

»J7 
19633 
994 .989 
109157 
272631 
82644 
31 139.71 

31 14004 

31 11671 

1255 
106S7 
8729 
1648218 
*9X37 
= 19699 

27X85 
«XB* 
20101X0 


WATCH 


i: -« M ' h *•’ 




teal 

Estate 


Every Friday 
Contact 
Fred Ronan 
Tel.: 

(33 1)46 37 93 91 
Fax: 

(33 1)46 37 93 70 
or your nearest 
IHT office 
or representative 


































THE TRIB INDEX: 110 9811 

by Bloomberg comp “ ed 

120 


11D ^ 

./%. •. „•. . "s , •' .; .' . .' .•' ✓ ■'•»,/•• ■ / ! • V.' . •?..**. I 

«• iv*; . . •••> •• ..• ,{<•..:■ .■■ ' . : fc\. ;?•» ... c *i >••.; 

. *" •, • • ;* ./.«,/ '• : • • > /*: ^ ' v* A . ..y- ••••.*.••. 

.'.*»• • • v' s ^ * I K « . 


. . v * ♦ ♦ ♦ / ' '' p" F T. 

90 A .. V- . t ; -ivV & JtJL ±xjL : #•' 





1994 

Approx. wnjWing: 32% 

Close: 120-87 Prev.: 121.85 
150 

Pafl! 

AppnuMnagWng: 37* 

Close: 1 1352 Pm.- 112J6 



JJASON jjason 

ISM 1994 


America 


Approx. wdghBng: 26% 
Close: 94.20 Prevj 94.08 


■■■.■ ■ f. ... ff ■ • ■< ■ ■■■ • V j| • , . |„ 


1994 


59 

Approx, weighting: 5% 
Close: 127. BE p rev- 12430 


•' Worid Index 


SON 

1994 


JASON 

1991 


The index aacka U.S. doBai values of stocks hv Tokyo, New York. London, and 
Argentina, Australia, Austria, Balkan, Bnfl, Canada, CM* Danmark. Finland, 
France, Germany, Hong Kong, Italy, Uexko, Nethertands, Now Zealand, Norway, 
Singapore, Spain, Sweden, Switzerland mid Venezuela. For Tokyo. New York end 
London, the index is composed cf the 20 top issues in terns of market capdaSzahon, 
otherwise die ten top clocks ore tracked. 


| Industrial Sectors | 


Thu. 

Pmv. 

% 


Tbo. 

Pnv. 

% 


daw 

daw 

changs 


daw 

daw 

efmny 

Energy 

111.91 

111.17 

t0.67 

CapBal Goods 

111.15 

110.70 

+0.41 

(JlSfies 

123.91 

122.91 

+0.81 

Raw Materials 

. 12834 

126.78 

+■139 

Finance 

109.84 

109.91 

-0.06 

Consumer Goods 

102.61 

10230 

40.11 


Analysts AreaHotltem in Tokyo 

Foreign Brokerage Firms Move to Strengthen Staffs 


By Steven Brull 

International Herald Tribune 

TOKYO — Foreign brokerage houses 
in Tokyo, plagued by falling shore prices 
and anemic trading volume the past four 
years, hardly seemed likely to enter a 
bidding war for securities analysts. 

But many top researchers have begun 
to command compensation as high as 
5800,000 ann u ally, and one was recently 
hired for SI minion, insiders say. 

The salary surge is being spurred by a 
bandful of foreign houses, mostly Ameri- 
can, that are trying to recruit a few lop 
names to establish or re-establish their 
research reputations. 

The brokerage concerns — which in- 
clude Goldman, Sachs & Co.. Morgan 
Stanley & Co„ CS First Boston Group 
Inn, Smith Barney and UBS Securities 
— have been encouraged by strong per- 
formances on Wall Street last year and a 
belief that the Tokyo stock market, the 
world's second biggest, will sooner or 
later recover in step with Japan's econo- 
my. 

There also is a growing premium on 
fundamental research into Tokyo equi- 
ties, a major reversal from the late 1 980s, 
when most shares were rising, and rumor 
and manipulation were the keys to a 
killing in the market. 

At the same time, the emergence of 
attractive equity markets in Southeast 
Asia and Latin America has created 
fresh demand for analysts in Tokyo — in 
contrast to Hong Kong, where U.S. bro- 
kerage concerns are cutting staff. 


“The Tokyo market’s been going no- 
where and volumes are shrinking, so 
there's more attention being paid to de- 
tail and what the analysts are writing” 
said Simon Hurst, sales manager at 
Smith New Court Securities. “There's 
more direct contact between fund man- 
agers and analysts.” 

While the high-priced recruiting has 
allowed the American brokers to assetn- 

Strong performances on 
Wall Street and a belief 
that the Tokyo stock 
market will eventually 
recover seem to be 
behind the trend. 

ble research staffs relatively quickly, 
British houses, many of which estab- 
lished themselves earlier in Japan, have 
been put in a bind. 

Traditionally, they offer competitive 
base salaries but less in bonuses in good 
years. In return, they provide greater job 
security and a less pressured workplace. 
But many, such as Klein wort Benson 
Securities and Baring Securities Ltd., 
have begun to move toward American- 
style compensation. 

“It’s very irritating to pay ” said one 
manager of a European brokerage house 
that has been building up a research 
team. 


Some houses, notably Jardine Fleming 
Securities, have refused to join the bid- 
ding war and have suffered as a result 

The British brokerage house, whose 
research department was among the 
most respected in the late 1 980s, has seen 
more than half its staff of 16 analysts 
leave over the past 20 months, although 
some of those were nudged out or trans- 
ferred. The research department lacked 
an economist for most of 1993, and cli- 
ents are complaining that the firm’s re- 
search has lost some of its edge. 

“Fleming's is a great place to work if 
you're pretty average and a terrible place 
if you’re really good,” said one source at 
the company, who asked not to be identi- 
fied, quoting what he said was a common 
refrain among employees. “They won't 
pay top dollar, so they're losing a lot of 
top people.” 

Christopher Grubb, director and gen- 
eral manager of Jardine Fleming's Tokyo 
branch, conceded that the standing of 
the firm's research had diminished over 
tbe years as its number of competitors 
had increased. 

But he defended the company's per- 
sonnel policies as more sound over the 
long haul, as well as smart given the 
higher priority Jardine Fleming has put 
on the rest of Asia, where it is a leading 
investment manager. 

“Buying up people at high prices 
doesn’t assure you a place in the record 
books,” he said, adding that the presence 
of analysts with egos to match their saia- 

See TOKYO, Page 14 


Bad Loans Sink Profits at Japan Banks 


Services 112.90 112.62 4025 Hscdtaneous 


115.17 115.03 40.12 


i For more information about the Index, a booklet i$ available bee of cha/ga. 

Write to Trib index. 181 Avenue Charles de GauBe, 92521 NeuBfy Cedex, France. 

e International Herald Tribune 


Compiled by Our Staff From Dispatches 

TOKYO — Japan's largest 
commercial banks saw their 
profits plunge in the six months 
to September as they wrote off 
record losses for bad loans 
made in the 1980s during Ja- 
pan's economic boom. 

"The process of writing off 
bad debt has become full- 
scale,” Yoshifumi Nisbikawa. 
senior managing director of Su- 
mitomo Bank LttL, said Thurs- 
day. “These are particularly se- 
vere financial results.” 

Japan’s II biggest commer- 
cial banks bad a combined cur- 


rent profit of 233.3 billion yen 
(S2.37 billion) during tbe half- 
year. 41 percent less than a year 
earlier. Current profit indudes 
earnings before taxes and ex- 
traordinary items, and after- 
loan write-offs. 

The banks’ fortunes soured 
because domestic bank lending 
rates fell and the value of for- 
eign investments declined, just 
as the banks were disposing of a 
big chunk of their bad debt, Mr. 
Nishikawa said. 

The 1 1 banks said they had 
squeezed out 853 billion yen in 


stock profits and written off 
1.34 trillion yen in bad debt, 
according to a summary of their 
earnings provided Thursday by 
Sumitomo Bank Ltd. 

The write-offs were 491.1 bil- 
lion yen greater than during tbe 
year^earlier period. Extra profit 
from stock sales rose 533 billion 
yen, according to the summary. 

Many of the bad loans were 
made to speculators during Ja- 
pan’s “bubble” economy in the 
late 1980s, when easy credit 
propeled land and stock prices 
sky-high. Japan's recent eco- 
nomic stagnation has pushed 


EU Broadcasters 
Criticize Plan 
To Revise Rules 


many of tbe borrowers into 
bankruptcy. 

The latest data support the 
contention of the Bank of Japan 
that loan problems, which had 
raised concern about the stabil- 
ity of the banking system in 
recent years, had peaked. 

Analysts cited low demand 
for loans, a squeeze on interest 
spreads and substantial bad 
loan writeoffs as the main 
causes of the profit declines and 
predicted they would continue 
for several years. 

f Bloomberg. API 


By Tom Buerkle 

International Herald Tribune 

BRUSSELS — ■ A European 

Commission attempt to tough- 
en limits on non-European tele- 
vision programming, long a 
source of trade tension with 
Washington, now has come un- 
der attack from the very Euro- 
pean broadcasters and film- 
makers that it was intended to 
help. 

European media giants like 
Bertelsmann AG and Polygram 
NV have lobbied the co m mis - 
sion vigorously in recent weeks 
to block draft legislation aimed 
at tightening the restrictions, 
arguing that it would deter the 
investment the industry needs 
to compete with major Holly- 
wood studios and to develop 
multimedia products for the in- 
formation superhighway. 

“By having loo-restrictive at- 
titudes, the European industry 
will not restructure itself,” said 
Philippe Kern, who handles Eu- 
ropean Union affairs for Poly- 
gram, a Dutch music and film 
company. “We prefer a market- 
driven approach ” 

The European opposition has 
removed the element of Lrans- 
Atl antic confrontation that has 
dominated film and television 
policy since the United States 
and Europe dashed over the 
issue during world trade talks 
last year. 

“This is not an EU-U.S. issue 
at alL" said Michael Bartholo- 
mew. spokesman for the Mo- 
tion Picture Export Association 
of America in Brussels. 

Europe's internal divisions 
are stark, with Germany joining 
Britain in trying to block any 
tightening of rules on non-Eu- 
ropean TV content. Within the 
commission itself. Martin Ban- 
gemann. the commissioner for 
industry, has argued that 
lighter quotas would conflict 
with his effort to develop an 
information superhighway by 


cutting regulatory barriers, 
commission sources said. 

Tbe dissension has delayed 
the proposed legislation, winch 
the commission initially hoped 
to unveil last week but which 
now may not be ready before 
year-end. 

The furor was triggered last 
month by the circulation of 
draft legislation to amend a 
1989 EU directive that required 
television broadcasters to fill 
their schedules with at least 51 
percent European program- 
ming “where practicable.” 

That two-word qualification 
bas enabled Britain lo flout the 
quotas and allow satellite chan- 
nels such as Ted Turner’s TNT 
and Rupert Murdoch’s BSkyB 
to beam their predominantly 
Hollywood fare into European 
homes. 

The draft by Joao de Dais 
Pinheiro, the commissioner for 
culture, would close that loop- 
hole. It also would eliminate 
talk and variety shows, which 
make up a large proportion of 
European programming, from 
the quota calculations. 

Polygram, one of Europe’s 
bigger filmmakers, considers 
those proposals “protectionist 
measures that in the long run are 
not going lo help the European 
industry,” Mr. Kern said. 

What the industry needs are 
tax breaks, financing from the 
European Investment Bank and 
solid copyright protection, he 
said. 

The draft's most controversial 
measure would extend the legis- 
lation's reach to rapidly growing 
technologies such as satellite and 
possibly video on demand. 

Regulators should keep their 
hands off new technologies “be- 
cause nobody really has an idea 
how multimedia mil look in 
five years," said Half Beke- 
Bramkarap, a spokesman for 
Bertelsmann. His advice is sim- 
ple: “Let things develop, and 
then we’ll talk again.” 


WALL STREET WATCH 


Falling Stocks: Fed Is Not Worried 


By Keith Bradsher 

New York Times Service 

W ASHINGTON — The steep 
fall in stock prices this week 
is not expected to prompt 
any policy review at the Fed- 
eral Reserve Board, where officials have 
been surprised at the stock market’s re- 
silience until now. 

While the Fed did not set out last week 
to bring down the stock market when it 
raised short-term interest rates by three- 
quarters of a percentage point, its officials 
have not worried about such a prospect 
Fed officials are aware that falling 
stock prices hurt consume - confidence 
and make people feel power. Both effects 
can help the central bank in its goal of 
preventing the economy from growing so 
fast that shortages of raw materials and 
skilled workers develop, feeding inflation. 

“To the extent people have been buy- 
ing cars and houses with gusto, this cools 
things off.” said Lyle E Gramley, a for- 
mer governor of the Federal Reserve. 

The Dow Jones industrial average has 
fallen about 4 percent in the last five 
days of trading, while broader market 
indexes have dropped almost as much. 

Many analysts have attributed the 
drop to a decision by money managers to 
shift assets from the stock market to the 
bond market. As the yields, on bonds 
increase, stocks become less 
Alan Greenspan, chairman of the Fed- 
eral Reserve Board, warned in Senate 
testimony in May that stock and bond 
prices might have risen to unsnstamawy 


hi gh levels by the beginning of this year 
because of the long drop in interest rates 
from 1989 through 1993. 

“The resulting attractiveness of hold- 
ing stocks and bonds was further en- 


Falling stock prices 
make people feel poorer; 
but that can help the 
Fed prevent the economy 
from overheating. 


hanced by a nearly unbroken stream of 
capital gains as long-term rates fell, 
which imparted the false impression that 
not only were returns on long-term in- 
vestments quite high, but consistently 
so,” he said at the time. 

“The recovery of the stock market 
after the October 1987 crash, along with 
the successful fending off of any signifi- 
cant adverse consequences from that 
event, may also have contributed to in- 
vestor complacency,” be added. 

The Fed did not change interest rates 
at the beginning of April, when long- 
term interest rates were soaring, stock 
and bond prices were tumbling and Wall 
Street traders were clamoring for anoth- 
er increase in short-term interest rates to 
reassure investors that the central bank 
would hold inflation under control. 

The Fed first raised short-term rales in 


early February, by a quarter of a percent- 
age point. 

Mr. Greenspan waited until April 18. 
when financial markets had settled 
down, before raising rates by another 
quarter-point. 

Even if the Fed wanted to help the 
stock market, it might not be able to do 
so, said David C. Munro, an economist 
at High-Frequency Economics, a con- 
sulting company based in New York. 

Further increases in short-term inter- 
est rates would women investor fears of a 
possible recession, while any reversal of 
last week’s increase might create an air of 
such uncertainty in policy that stocks 
and bonds might both fall, he said. 

Preston Martin, who was the Fed's 
vice chairman from 1982 to 1986, said 
the central bank would not worry about 
the stock market unless the recent down- 
turn accelerated into a rout •- 

The Fed was sufficiently concerned 
about the possibility of market turmoil 
that its first three rate increases this year 
were limited to a quarter of a percentage 
point each. 

“Many of us were concerned that a 
large immediate move in rales would 
create too high a dose of uncertainty, 
which could destabilize the financial sys- 
tem, indirectly affecting the real econo- 
my,” Mr. Greenspan said May 27. 

Tbe Fed stepped up its pace of raising 
interest rates with half-percentage point 
increases on May 17 and Aug. 16. And 
on Nov. 15, it raised rates three-quarters 
of a point. 


CURRENCY & INTEREST RATES 1 


An Intel Chip That Could Flunk Division 


9 NOW. 24 

Bms Rates u™ djh **. cs fe*fe 

S £ OA sx«- UZD 1-7MI* 127 oa* 

kMhnten ™ S- uw ara su** 

iww J2*H saws W5W s*9 »■*» UMl- twt UW 

Mtoeia) i-tf — w*" iSs use «« u«n* i*si» — 

Madras BM* «uh bwh ^ mu utfa “* 

tone tMUB lsum tma »n — 

meramm oju* u» wn* tw 

rokyo its i5u? |£u ten* un — u® 

im - uw wm aw »® _ uni* aw imr 

MOl 1.21 1 3tiS BJW* I* 31 ** **“ w Mime im CUSS 

ECU I2N ura “g “JJ* JJS U» ““ “ 

SDK iMd aw ZOT a ^ M * a ^cenier3i1toentoralesol3tun. 

Closings In Amsterdam. N.O.: not nueMIt AM.’ 

o; To our one aoand: Dr TaOuv«* <»dor. .u 


tits 

Swiss 

Fmu: 

Starring 

French 

Franc 

Yen 

NOV. 24 

ECU 

3 *V3 "V 

S«% 

5W-5ft 

2 4.-2 ^ 

5M»-5ft 

3 ft-3 ft 

5ft-6 

5 'w5ft 

3U»-3ft 

5ft 59 * 

4 V4ft 


5 e .vS ft* 


6ft ft 

AMII 

7 WV, 





Mattie. 

thsr DoHar Value* 

me. Pars C*raa« 

wrt.«ra UW S? 

M s UW HWB, SL UM1 

nr. kh. mfU H*K‘.** -krt 

SSr m J12 

difcttim Y?,97 town "337 

ratwraa Ss 

Lmartt* tn* *«»- r ** 1X35 


ewreaCT P** 

MM. PKO oM 

N . ***** 
Morw.toraw 

PtOLumo 
****** 
PartescttM lO*> 
Kiras. ru«e 
S os*rHt* 37S03 

SWI 1<44C 


Nov. 23 
c i rrmar Pa'S 

S. Air. rontf 
S. K6f. WOO TKM 
swed. krona 7Jm 
Taiwan s 2627 

TkalbaM 2SJH 

TwrttUi uro 36389. 
UAE dSrtwm 3472 
vattbon. wsi 


Nov. 23 


Eurocurrency DsposHs 


Tmaatn Stt-Sfc 4*-5 


Sources: Owftrs>£JmftAi0b 

HaleSOI^caUtloMtrtioak dipesits#nnMlm minimum 


Itey M on ey Bates 

Halted State Close 

Discount rale 4% 

pram rata ftfe 

federal feats Cted. 

3-amACSs - 

Coaua. power tM dan — 

3-nwHi Tremia y MB — 

1-year TrMwnrMIt — 

}-nar Treasury note — 

S-rearTiTaiBrr vote * 

7-1 n r Trea su ry onta — 

Ifryear Treason' erie — 

3*re«r Treason bead — 

MarBLndiS day reodr asset — 


» 5* 

5% 

Sh 5ft 
6D0 690 

6h Wa 
442 1C 

iflo SOD 
5ft 5 ft 
5K. 5ft 
5ft 5ft 
5ft 5ft 
7.w m 


toward Rats* non 

^ aMav tOdar *wor SSSSdoliar U»» UMd 

ntsdmfaarft ' 

dtsfraoc UtW 1JWI 1JOg - ^ 

nmo, Bonk of Canada 


Discount rote 
Col nancy 
Kmntn IMtTbaak 
Manta tntsrtnak 
tflieatb 

hVrear Government band 

C erna ar 

Loamsrdrate 

Cad noney 

MmfliMeraaai 

MMuUmdiraaak 

MndmoteraaOi 


1ft 1ft 
122 2.1V 

2ft 2ft 
22V 230 

239 240 

457 442 

A M tflfl 

456 455 

100 5lD0 
129 129 

SJ0 539 
731 74& 


I nter vention rote 540 190 

Colt owner 5ft 5ft 

l-awfimunerta* 5ft 5ft 

3-aonBi Marta* 5 ft 5ft 

UnooBi l Etsrtank 5ft 5ft 

KSysarOAT 7.98 759 

Sources: Reuters, Bloomberg. Merrill 
Lynch. Bank of Tokyo. Commerzbank. 
Gnenweti Montagu, Cr6dM Lyonnais. 

Gold 

am. pm. an* 

ZutlCtJ 38485 38455 -U0 

Laadan 38440 38430 -(U0 

Hew York Oosad 

US. doUors per ounce, Lantksnoffkbot hx- 
kXBt ZuriaumdNevt York opening and day 
mo arices.- New York Cemex t December. I 
Source: Rotifers. 


By John Markoff 

New York Tunes Service 

SAN FRANCISCO — An 
elusive circuitry error is causing 
a chip used in millions of com- 
puters to generate inaccurate 
results in certain rare cases, 
heightening anxiety among 
many scientists and engineers 
who rely on their machines for 
precise calculations. 

The flaw, an error in division, 
has been found in the Pentium, 
the current top microprocessor 
from Intel Corp M the world’s 
largest chip maker. 

The chip, in several different 
configurations, is used in many 
computers sold for borne and 
business use, including those 
made by International Business 
Machines Co., Compaq Com- 
puter Corpi Ddl Computer 
Corp, Gateway 2000 and oth- 
ers. 

The flaw appears in all Pen- 
tium chips now on tbe market, 
in certain types of division 
problems involving more than 
five significant digits, a mathe- 
matical term that can include 
numbers before and after a dec- 
imal point. 

Intel declined lo say how 
many Pentium chips it had made 
or sold, but Dalaquest Ino, a 
market research company in San 
Jose, California, estimated that 
in 1994 Intel would self about 6 
million Pen limns, about 10 per- 
cent of the number of personal 
computers sold worldwide. 

Intel said it did not believe 


European Stocks 
Rally as the U.S. 
Takes a Holiday 

Complied by Our Stiff From Dispatches 

LONDON — Stocks rallied 
on the major European ex- 
changes Thursday, with the 
Paris Bourse leading the way 
amid a pause in U.S. trading on 
the Thanksgiving Day holiday. 

In Paris, slocks jumped at the 
opening mid held thtrir g^ins, 
with the CAC-40 index dosing 
up 22 percent at 1934.68. Alca- 
tel soared 4.9 percent to 440.20 
francs ($82) on a view it had 
been oversold. 

The Frankfurt market also 
gained, with the DAX index ris- 
ing to 2,055.97, up I.I] percent 
On some good earnings reports. 
Thyssen was up 6 DM to 284 
DM ($182). 

In London, the FT-SE 1 00- 
share index rose 0.29 percent, to 
3,036.60. But trading was tight, 
and dealers said sentiment re- 
mained fragile. 

(Knighl-Rldder, AFP) 


the chip needed to be recalled, 
asserting that the typical user 
would have but one chance in 
more than 9 billion of encoun- 
tering an inaccurate result as a 
consequence of the error. 

William Kahan of the Uni- 
versity of California at Berke- 
ley, a specialist on computer 
mathematics, expressed skepti- 
cism about Intel’s assertion that 


the error would only occur in 
extremely rare instances. 

“These kinds of statistics 
have to cause some wonder- 
ment," he said. “They are based 
on assertions about the proba- 
bility of events whose probabil- 
ity we don’t know.” 

At the Jet Propulsion Lab- 
oratory in Pasadena, Califor- 
nia, a satellite communications 


researcher who learned of the 
error this week said six Pentium 
machines had been used in his 
group but that their use had 
been suspended. 

“The Pentium appeared as a 
cost-effective means to do the 
kind of analytical computing 
that scientists and engineers 

See CHIP, Page 14 


Free-Market Winners and Losers 

Russia’s Rich Get Richer New Disparity in Beijing 


Russia’s Rich Get Richer 

Reuters 

MOSCOW — The gap between rich and 
poor in Russia is widening, according to an 
official survey of incomes published Thurs- 
day. 

The average income of the wealthiest 10 
percent was 1 2.3 times that of the poorest in 
September and October, the government's cen- 
ter for economic analysis said. 

Real average income rose 18.5 percent in 
the first 10 months of 1994, the report said. 
Prices rose 140 percept in the same period, it 
said. In October, as inflation picked up to a 
monthly 15 percent, from 8 percent in Sep- 
tember, real incomes dropped 2.4 percent. 

Despite the growth in incomes over 10 
months, 32 milli on people now are living 
below the official subsistence level of 106,200 
rubles ($33) a month, the report said. 


Bloomberg Business News 

BEUING — Market reforms have widened 
the income gap between tbe rich and poor in 
Beijing by nearly a third so far this year, the 
official Xinhua press agency reported Thurs- 
day. 

According to a survey by the Beijing Statisti- 
cal Bureau, quoted by the agency, the average 
per-capita annual income of the richest fifth of 
the capital’s residents this year will be 6,024 
yuan ($707), three times the poorest fifth's 
average salary of 1,931 yuan. 

The difference between the two income aver- 
ages has grown by 30 percent from last year, 
the agency said. 

On the whole, however, incomes are rising in 
the capital. The survey showed average per- 
capita income had risen 15 J percent during the 
first nine months from a year earlier. 



ROMVLVS 



CORUM 

Mmtres Artisans dHorlogne 


SUISSE 



The ullraflui -Romulus"*, A classical beauty. 18 ct gold, platinum wr stecl/gold. tvutcr-rcsislunl. For ladies and men 
For a brochure, write to: Oman, 2301 La Chaux-de-Fonds. Switzerland. 




x- !,?v 


Page 14 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


EUROPE 


France Takes 
Another Step 
From Recession 


Kiev Takes Free-Market Pledge 

Pragmatic Ukraine Leader Sees 'No Other Choice’ 



Frankfurt 

DAX 

2SK — - — 


LOfKJOf* - 

FTSE 100 Index 


CAP4G. 


Reuters 

PARIS — The French econo- 
my grew more slowly during the 
third quarter than in the previ- 
ous two, but the couo try contin- 
ued to climb out of its deepest 
recession since World War II. 
government figures released 
Thursday showed. 

Gross domestic product grew 
0.7 percent between July and 
September, the national statis- 
tics office IN SEE said. The 
economy grew a revised 1.1 per- 
cent in the second quarter and 
0.8 percent in the first quarter. 

The third-quarter perfor- 
mance, driven entirely by do- 
mestic demand, was in line with 
economists’ forecasts. The gov- 
ernment had already said the 
economy would slow somewhat 
after a buoyant summer. 

Economists said that while 
growth might slow further in 
the fourth quarter, they were 
confident the economy would 
power ahead again in 1995. 

“There's no danger of a dou- 
ble-dip recession." said David 
Keeble, an economist with 1BJ 
International. “We see GDP 
growth of 2.1 percent for 1994, 
rising quite rapidly to 3.4 in 
1995.” 


The economy was “on a 
strong growth path" and would 
grow at least 2.3 percent in 1994 
even if the final quarter showed 
zero growth, an Economy Min- 
istry official said, adding that 
zero growth was unlikely. 

Internal demand remained 
strong in the third quarter, ris- 
ing 0.9 percent after a 1.1 per- 
cent rise in the second quarter. 

Bui more signs that the econ- 
omy was slowing came from 
separate data showing house- 
hold spending on manufactured 
goods in October falling 2 J 
percent after a rise of 0.1 per- 
cent in September. 

Darren Williams, an analyst 
with Merrill Lynch & Co, said 
the spending data highlighted 
the “still fragile nature of the 
French recovery and in particu- 
lar the consumer sector.” 


The government, coun ting on 
strong growth to help cut record 
unemployment of 12.7 percent 
before presidential elections 
next spring, dismissed any pos- 
sible slowdown as temporary. 


■ Competition Topic for EU 

European Union leaders 
must use their summit meeting 
□ext month in Essen, Germany, 
to speed up structural reforms 
and increase competitiveness 
with the rest of the world, EU 
industrialists said in Brussels. 

The European Round Table, 
a group of 40 leaders of the 
biggest companies in the 12- 
nation Union, called for cost- 
cutting across a wide spectrum. 


including energy, transporta- 
tion, telecommunications and 


tion, telecommunications and 
government. 


By Peter Passell 

Sew York Tuna Service 

NEW YORK -—Leonid Kuchma, pres- 
ident of Ukraine since July, made the 
rounds this week to try to persuade Amer- 
icans to come to the aid of his country. 

To almost no one's surprise, the blunt, 
poised politician — once the manager of 
the Soviet Union's premier nuclear mis- 
sile factory — argued that Ukrainians 
were finally ready to take the plunge to 
free markets. 

“We have no other choice,” Mr. 
Kuchma said. 

What may be surprising is that a lot of 
analysts, . despite their experience with 
unfulfilled promises by post-Soviet re- 
formers, take his words seriously. In- 
deed, among Western advocates of rapid 
conversion to a market economy in the 
ex-Soviet republics, enthusiasm for Mr. 
Kuchma’s plan borders on the unbri- 
dled. 

“Ukraine,” said John Mroz, director 
of the Institute for East-West Studies in 
New York, “could be the economic suc- 
cess story of 1995.” 

Before 1991, all lines of authority ran 
directly from Ukraine's bloated state en- 
terprises to ministries in Moscow. That 
left the newly independent country of 52 
million people without experience in 
managing the budget or tfaie economy. 

Even worse; said David Sue! backer, 
associate director of the Project on Eco- 
nomic Reform in Ukraine at the Kenne- 
dy School at Harvard University, the 
country could not draw on the “collec- 
tive memory of capitalism" that the 
Poles and the Czechs had. 

Still, when the Soviet empire col- 
lapsed, Ukraine seemed to have a rea- 
sonable shot at success. Like Russia, it 
was endowed with natural resources and 
an educated work force. Unlike Russia, 
it had a decent transportation system 
and did not need to resort to police-state 


tactics to keep the peace internally. 

Anything that could have gone wrong, 
though, did. The fust nationalist govern- 
ment, led by Leonid M. Kravchuk, “was 
more interested in politics than policy.” 
Mr. Sndbacker said. 

Mr. Kravchuk propped up obsolete 
industries, ran gigantic deficits to sup- 
port social spending and financed un- 


f Ukraine could be the 
economic success story of 
1995 .’ 


John Mroz, director of the 
Institute for East-West Studies 


ports — notably natural gas — with 
loans from other former Soviet republics. 

The result was hyperinflation and a 
collapse in production. The World Bank 
estimates that prices doubled in 1991, 
rose 15-fold in 1992 and 41-fold in 1993. 

Anders Aslund, a Swedish economist 
at the Carnegie Endowment for Interna- 
tional Peace in Washington and an ad- 
viser to the new government, says he 
believes national output has fallen by 
half since 1991. 

As Mr. Mroz baldly puts it: “Ukraine 
was desperate for change, on the verge of 
economic and political collapse.” 

And change is what it is about to get 
At first, Mr. Kuchma hardly seemed the 
sort to break the crucible. He was after 
all a man, in Mr. Mroz’s words, from 
“the pinnacle of the military-industrial 
complex.” But Westerners underestimat- 
ed his pragmatism and political skill 

Apparently with little direct knowl- 
edge of economics, Mr. Kuchma sur- 
rounded himself with competent techno- 
crats. Equally important, he alternately 


bullied and flattered the parliamentary 
opposition into submission. 

Mr. Kuchma’s economic policies look 
like an amalgam of the shock therapy 
imposed in Poland in 1990 and the rapid 
privatization under way in Russia. Prices 
nave been decontrolled. 

And thanks to the quiet resistance of 
the central bank in the waning months of 
the Kravchuk administration, inflation is 
down to a level that is almost tolerable. 

The next steps are more ambitious. 
One goal is to curb industrial credit, 
allowing nonmonopoly enterprises to 
profit from deregulation so that markets 
can determine the survivors. 

Another is to phase out the budget 
deficit, largely by eliminating subsidies. 
Still another is to raise domestic energy- 
prices and eliminate barriers to exports. 
All these measures are to be buttressed 
by privatization financed by vouchers. 

Mr. Aslund. who has seen equally 
grand plans scaled back in Russia, is 
nonetheless optimistic about Ukraine's 
dash for capitalism. For one thing, he 
argues, the collapse of obsolete industry 
has virtually run its course. For another, 
the “social Fabric is pretty much iniacu” 

The International Monetary' Fund and 
the World Bank stand prepared to finance 
a good portion of the stabilization effort. 

What is unclear, however, is whether 
the rich industrialized countries will do 
their part: Neither the United States nor 
the European Union seems inclined to 
lend more than token sums for the effort. 

Mr. Kuchma, who recently rammed 
through legislation confirming the prom- 
ise by Ukraine to dismantle its strategic 
nuclear weapons, makes no secret of ins 
frustration. This may be the last chance 
for a long time, he suggests, to create a 
prosperous Ukraine that can anchor sta- 
bility in Eastern Europe. 


2103 -V - f — 


3100 — 




j"ja s' 
1994 

Exchange 


TjaTon —a^A-SON 
Thursday Prev. -■ . % 


Amsterdam 
Brussels 
Frankfurt 
Frankfurt ~ 

Helsinki 

London 

London 

Madrid 

rtHan 

Paris 

Stockholm 

Vienna 

Zurich 

Sources : Reuters. 


ABC 

Slock Index 

PAX ^ 

>AZ ■ ~ ~ " 

HEX • ~ T ~~ 

Fin ancial Tiroes 30 
FTSE 100 ~~ 

General index ~ 

MtSTEL ~ 

GAG 40 - ~~ 

Affaersvaeriden 
Stock index 7T 

SBS 


40SSI 

7,185.83 

2,055*7 

771.38 

1,862-16 

.%azr.oo 

3>636J0 

301.53 

tows- 


41&41 

91088 


402.00 ; +i:20 

7.T66.1B-;: +0.27 
2,033.31 +1.11 

768-48 : +0.33 

L84&25 41.19 

2^23.80 ' -KU4 
3,027-80 .. +0.23 
290.72-. +0.64 

9.956.00 +0.© 

1 ,893109 +2.20 
1.390.U- +1,29 
418,80 +0.15 

903.07 +0.76 


lmnuunMl HcnlJ Tnhunr 


million). Volkswagen AG said it would offer early retirement to 
about 2,000 workers by year-end. 

• Allied Domecq PLC, a British food and drinks company, 

. _ j . K : nin /Old 


reported a 16 percent jump, to £310 million ($487 million), in 
pretax profit for the 28 week s to mid-September, under new 


Dollar Steady 
As Pound Falls 


CHIP* An Intel Microprocessor Has a Math Problem TOKYO; Analysts Are in Demand 


Bloomberg Business News 

LONDON —The dollar 
was little changed in Eu- 
rope Thursday in light trad- 
ing on the American 
Thanksgiving holiday. 

The pound, which ended 
at SI-5619, also was quoted 
against the Deutsche mark 
at 2.4316 DM, its lowest 
since Oct. 21. 

The dollar closed at 
15585 DM. little changed 
from 15574 DM early in 
the session, and at 98.43 
yen. 


Continued from Page 13 
do,” said David Bell, the re- 
searcher. “But when we hear 
and see that there are problems, 
that puts a question mark on 
the results ” 

In addition to its growing 
role in PCs, the Pentium chip is 
used in a number of larger com- 
puters that harness individual 
chips to work in tandem, creat- 
ing supercomputer power. This 
technique, known as parallel 
processing, is used in weather 
forecasting, automotive and 
airplane design, and molecular 
engineering. 

Intel said the problem came 
to its attention in June and was 


corrected then, at the design 
stage. That change took some 
time to make its way through 
the chip production process, 
and Intel has only recently be- 
gun providing its largest cus- 
tomers with the revised chips, 
the company said 

Intel acknowledged that the 
flaw could affect scientific and 
engineering users in rare cases. 
Stephen L. Smith, the compa- 
ny’s engineering manager for 
the Pentium, said discussions 
were under way with scientists 
and engineers. 

Some computer users said 
they believed that Intel had not 
acted quickly enough after dis- 
covering the error. 


“Intel has known about this 
since the summer, why didn't 
they tdl anyone?” asked' Andrew 
Schulman, the author of a series 
of technical books on PCs. 

The company said that after 
it discovered the problem this 
summer, it ran months of simu- 
lations of different applica- 
tions, with the help of outside 
experts, to determine whether 
the problem was serious. 

The error was made public 
this month after Thomas Nice- 


Continued from Page 13 


ly, a mathematics professor at 
Lynchburg College in Virginia. 


Lynchburg College in Virginia, 
sent an electronic-mail message 
to several colleagues, asking 
them to check their machines 
for the error. 


EUROPEAN FUTURES **.24 


ries could undermine the ability 
of a research staff to function as 
a team. 

“I don't have so much con- 
cern about the numbers of peo- 
ple who come through here as 
the quality of the people we 
have ” he said. 

Like other European broker- 
age concerns here, however. 
Jardine Fleming has chosen to 
hire relatively young, less ex- 
pensive but promising analysts 
and train them for a couple of 
years. The only alternatives are 
to bring in people from over- 
seas, who usually cannot speak 
or read Japanese, or to snap up 
established players at great ex- 
pense and nope they continue 
to perform. 


“Unfortunately, we’ve be- 
come the training ground for 
the American companies.” said 
Mario Male. branch manager 
for Klein wort Benson. 

The bidding war has arisen 
just as foreign investment in 
Tokyo stocks, active earlier in 
the year, has been waning. The 
Nikkei stock index is treading 
water at just less than half the 
peak it mt in December 1989. 
and average turnover is far be- 
low the level most houses need 
to cover fixed costs. 

Revenues have declined so 
far that some brokers, including 
WJ, Carr,.County.Natwest and 
Kidder, Teabody & Co., have 
withdrawn from equities trad- 
ing in Tokyo over the past two 
years. 


pretax profit for the 28 weeks to mtd-septemoer, under new 
accountancy procedures. 

• Mo och Domsjoe AB, a Swedish paper producer, said it returned 
to profitability in the first nine months of the year because sales 
and paper prices increased and costs were tightly controlled. 
Pretax profit was 1.01 bflion kronor ($137 million). 

• Pierre Gtnchet, the chairman of the French telecommunications 
firm Aland CUT SA, will stay in jail until the end of month while 
an investigation into charges of overbilling France Telecom SA is 
completed, a spokesman said. 

• Henkel KGaA, a German chemical company, said higher invest- 
ment income and lower costs raised pretax profit 15 percent to 
485 milli on DM. in the first nine months from a year earlier. 

• Hoechst AG and Bayer AG, German chemical industry rivals, 
have agreed to pool their textile dyestuff operations in a 50-50 
joint venture expected to have sales of 2 billion DM. 

Bloomberg, AFP. Reuters 


BASF 3d-Period Profit Soars 


Reuters 

LUDWIGSHAFEN, Ger- 
many — BASF AG said Thurs- 
day 'its third-quarter pretax 
profit more than quadrupled, 
but the company said it needed 
to cut jobs and costs to improve 
its outlook. . . . . 

BASF said profit rose to 526 
million Deutsche marks ($340 
million) from 124 million DM 
in 1993. 


For the first nine months, 
pretax profit rose to 12 billior. 
DM from 607 million DM. 4 
Jilrgen Strobe, chairman of 
the management board, said 
that for the year, he expected a 
rise in pretax profit to more 
than 1.6 billion DM. In 1993. 
the company earned LQ6 bil- 
lion DM. 

BASF stock rose 7.10 DM to 
309.70. 


Metals 


High Low Close Chans* 


High Low dose Change 


High Law Last Settle Ch’Be 


Close 

Bhl Ask 
ALUMINUM (Wan Grade) 
Dolton per metric tan 
Spar ] $42,00 1943JK 

Forward 194850 IWK 

COPPER CATHODES (Hlgli 
Dorian per metric fan 

soot 28SUH asxoo 

Forward 2825.00 282600 

LEAD 

Dalian par metric tan 
Spot 672.50 87150 

Forward 69&00 491 JOB 

NICKEL 

Dolicn per metric ton 
Spat 741400 762100 

Forward 77404)0 77454)0 

TIN 

Dolton per metric ton 
Seal 6130 DO 61404)0 

Forward & 21 QJD 0 622000 


Previous 
Big Ask 


196200 TM34>0 
1967.00 194800 
Grade) 


W,» 914)6 9109 Unch. 

90*7 9094 90*7 UiKh. 

nm 9082 9088 Unch. 

me® 9074 9080 Unch. 

9077_ 90-77 9077 Unch. 


Est. volume: 27814. Open hi.: 51*454, 
3-MONTH EURODOLLARS (LfFFEl 
SI million - pis of KM pet 


67150 66050 
MS50 6864)0 


Dec 

N.T. 

N.T. 

9X95 

MW 

N.T. 

N.T. 

9380 

Jan 

N.T. 

N.T. 

9254 

Sep 

N.T. 

N.T. 

9285 


757540 768540 
770000 77B5JOO 


Est- volume; O Open fnt: 4847. 
3-MONTH EUROMARKS (LIPPE) 
DM) million -Pto of MB nef 
Dec 9485 9481 9483 


ZINC (Special MM Grade; 
Dalian per metric ton 
Seat 1155JX) 11564)0 

Forward 118140 >18240 


114040 114440 
117050 II714W 


Financial 


Mon Low Close Onego 
3-MONTH STERLING (LIPFE) 
NMM-pnoHOOpcf 

Dec 9X70 9175 9177 — 04)2 

Mtr 93J9 9340 9107 — 040 

JOB 9251 9245 9289 — QJ83 

Ses s nm 91.97 92L0I —HOT 

DOC 9156 9151 9)55 —001 

MOT 9181 9184 9159 —001 

■fun 91.23 91.18 9152 —GDI 


Dec 9485 9481 9483 — 04B 

Mar 9475 9470 9472 Unch. 

Jen 9464 94J8 9461 + 0J31 

Sep 9409 9480 9406 +004 

Dec 9359 9350 9355 +0484 

Mcr 9X39 9027 9135 + 04)6 

Jea 93.11 9097 934)5 +085 

Ho 9285 9073 9279 +084 

Dec 9259 90J1 9258 + M6 

Mar 9258 9051 9256 + 0JM 

Jim 9255 913* 9286 +085 

Sep 9258 9JJ5 9032 +085 

Est. volume: 101577. Open hit.; 73WS9. 
3-MONTH PI BOR (MAT I FI 
FF3 million- pcs of 180 pet 
Dec 9440 9437 9439 Unch. 

Mar 941<l 9489 9415 +083 

Jon 9176 9057 9174 +M5 

|ep 9351 9332 9X39 +085 

Dec 9X04 92.93 9103 +087 

Mar 9274 925* 9274 +0® 

Jen 9251 9253 9X50 +087 

Sep 9230 9X22 9229 +04M 

Est. volume: 47204. Open litt: 192773. 


LONG GILT (UFFEJ 
(3M90 - els A siads et 100 pci 
D ec 103-14 102-28 10309 +002 

Mar 102-23 10200 10218 +001 

Est. volume: 31367. Open InL: 119532. 
GERMAN GOVERNMENT BUND lUFFE) 
DM 2S8800 - pts at 1*0 pd 
Dec 9151 9052 91.29 +03* 

Mar 9CUB 9083 90.48 +035 

Jen B9.30 89.23 89.73 + 083 

Est. volume: 110592. Open Ini.: 207,907. 

IO- YEAR FRENCH BOV. BONDS IMA Tin 
FF98M08 > pts of 1M Pd — 

Dec 11258 11172 11254 +020 

Mar HUO 111.13 11153 + 028 

JOB 11080 11054 11072 +036 

SOP N.T. N.T. 1104)4 +028 

Est volume: I66886.0PM Inf.: 166504 


BRENT CRUDE OIL «PE> 

U A. dollars per harrei-tats of UMO barrets 


WORLD STOCK MARKETS 


Jan 

17.1* 

1771 

17.15 

17.15 

+ XDI 

Fob 

1499 

I486 

1670 

1490 

—Ml 

Mar 

1676 

1672 

1486 

1498 

+ 001 

APT 

1676 

1685 

1476 

167B 

Unch. 

May 

1675 

1487 

1473 

1477 

+ 0.13 

Jan 

N.T. 

N.T. 

N.T. 

1472 

+ CUM 

A 1 * 

1680 

1480 

1480 

1460 

unch. 

Aug 

1680 

1480 

1680 

1680 

— ON 

Sep 

16J3 

1455 

1455 

145S 

— OK 

Oct 

1675 

1455 

14S 

1415 

— O.lt 

Nev 

1675 

1455 

1455 

14-S5 

— OK 

Dec 

1685 

1685 

1485 

1445 

-033 


Aga>o» trance Prewe Max. 24 


Amsterdam 


Est volume: 16564 . Open tot. 174832 


Stock Indexes 


Industrials 


High Low Lost seme Chtoe 
GASOIL (IPE) 

U5. amors per metric torrtot* of 180 tons 
D 8 C 13225 151.25 75240 15235 +07 5 

JH 15475 15X7S 15475 15475 + ft3> 

Feb 1545D 15380 156 JO 15635 + 050 

Mar 15675 15680 15475 15675 +050 

Apr 15580 15580 15580 15580 +035 

•MW 15450 15450 T5450 15450 + 080 

JSP* 15X75 13335 15335 15X75 +035 

Jnty N.T. N.T. N.T. 15535 Unch, 

. Aee N.T. N.T. N.T. N.O. — 

SfP M.T. N.T. N.T, 15980 IlIKA. 


High Low Cine Change 

FTSE MOtUPFE) 

05 per index point 

Dec 30560 30268 30340 +108 

Mar 3067J 30478 S +9J 

J«Ij 3SR4JJ 30040 30708 + 108 

Est volume: 8857. Open InLiUA?. 
CAC4»{MATIFI 
FF298 per Index notat 

Nov 194080 191280 193480 + 3480 

Dec 194880 1921 JO 194380 + 3400 

Jan 1956J0 193180 195050 +3X50 

Mar 1969-65 195880 196780 +W-S5 

J*m 194650 19+UO 194980 + 3400 

Sep N.T. N.T. 197380 + 3400 

Est. volume: 30876 Open tot.: S696X 


N.T. N.T. N.T. 16180 Unch. 
lav N.T. N.T. N.T. 16380 Unch. 
Est. volume: 7809 . Open tot. 99840 


Sources; Motif. Associated Press, 
London Inti Financial Futures Exchange. 
Ml Petroleum Exchange. 


ABN Amro Hid 
ACF Holding 
Awn 
AMID 
Akzo NoDel 
AMEV 

Bais-Wessanen 
CSM 
DSM 
Elsevier 
Fofcker 
Gls+Brocodes 
HBG 
Helnefcen 
HooBovens 
Hunter Douglas 
IHC Coland 
inter Mueller 
Inn Nederland 
KLM 
KNPBT 
KPN 
Nedltovd 
Ocr trillion 

Pakhocd 
Philips 
Potvoram 
RaOeco 
Hodamco 
RoHnaJ 
Rorento 
Rovaf Dutch 
Stork 
Unilever 
vanommerm 
VNU 

Wolters/ICIuwer 12X90 
EOE Index : 46681 
Previous: 492 


Scherlng 

Siemens 

Thyssen 

Varto 

vena 

VEW 

Vtoa 

Volkswagen 
Wei to 

DAX.Mdex^j 


98891050 
61250 6fl 
284 278 

315 316 

51980 516 

37230 368 
45X3045030 
4553045130 
995 99S 


Helsinki 


Amer-Yhtvma 98 9530 

EnstbGutzcll J8 37.10 

HuMamald 138 138 

KjO.P. 5.99 6 

Kymmene 128 125 

Metro 144 144 

Nokia 664 655 

PnWoto 70 S5 

ftepoto 91 89 

Stockmann 250 2S0 

t fSSSsmUESr :lta - u 


Forte 
GEC 
Gen'iAcc 
Glaxo 
Grand Met 
GRE 
Guinness 
GUS 
Hanson 
Hiibdown 
HSBC HMes 
I ICI 

inchcope 
Ktmjflsnea- 
Ladnrofce 
Land Sec 
La parte 
usna 

Legal Gen Grp 
UavdSBwut 
Marks 5B 
me pc 

Nafi Power 

Natwesr 

NthWst Water 

Pearson 

P80 

Pllklngtgn 


FowarGen 
Prudential 
RankOrg 
ReckfK Cal 
Rcdland 
Retd Inti 
Reuters 
RMC Grow 
Rolls Ravce 
Rnttmtn (unit) 
Karol Scot 
HTZ 

Setntbunr 
Scot Newcas 
Scot Power 
Sears 

Severn Trent 

Shell 

5Tchir 

Smith Nephew 
SmittiKime b 
S mith (WH) 
Sun Alliance 
Tate B> Lvle 
Tesca 
Thom EMI 


Hong Kong 


&& c 1 a nrv 

^ c74 1I7L71 > s «„*™ 

FUTURES LIMITED 

* 24 Hour margin based foreign exchange dealing 

* Fast competitive rates with i personalised service 

* Catering only to professional investors. Fund managers 
and institutions. fW their speculative & hedging needs 

* Up to date market information and technical analysis 

* Full futures brokerage in all major markets 

33 Cavendish Square London W1 
Reiners Dealing: SABX. Reuters Monilor SAB Y/Z (+ Daily fax I 
Tel.: (071)412 0001 Fax:( 071)412 0003 
Please colt for further information. 


Catch The Big Moves 

DID YOU SELL DEC OAX AT 2142? 

DID YOU SELL DEC S+P S00 AT 472. 5S7 
DID YOU BUY COFFEE IN MARCH? OUR CLIENTS DID 
Coflimtrae. the computerised trading system is now available by fax and covets over 75 
conma( 5 tes/bri&na& Mure&flnActes *yilh spedfc ‘Buy’, *SeT or T-teutraT recornnerxialions 
Request your 5-day Awe trial by sending a fax 
to enrol on 0624 662272 int *44624 662272 


Brussels 


aPP Of 




ECU Futures PLC 
29 Chesham Place 

Belgravia 

London SW1X8HL 
Tel.: +71 245 0088 
Fax: +71 235 6599. 
Member SF A. 


Aimmii 

Artwd 

Bor co 

flflL 

Bokoert 

CBR 

CMB 

CNF 

Cock arill 

Cobapo 

CaHruvt 

DaUniza 

Eleclrobel 

Etactraflna 

Fort is AG 

GIB 

GBL 

Gevoert 

Gtovarbai 


© Signal Realtime! USA© 


O Slock & Futures Quotes that CONNECT to 100+ applications O 
O Now in Europe O 65.000 QUOTES from just S3 day! O 
O Call NOW for YOUR free Signal Investment Software Guide & price list O 
® Call London 44 + 10) 171 231 3556 ® 


ibtA Callis* C*i »p L T 

evstone 

■< riMia, m-ni.i 


laOS.WnaiacPto 

Oca t o.HUota«lB06 


Everyday Offer To Professional Traders 

US C e m m u dB y E nd ian o— 

800-967-4879 $0^.75 
312-207-0117 1 


Kradtathank 

Maane 

Patron na 

Powerflti 

Radical 

Rovale Salpa 

Soc Gan Bonoua 

SocGanBaigtoue 

Sanaa 

Satvay 

Tessanderla 

TmdmsS 

UCB . , 

Union Mlntore 
MnpniUn 



Tomkins 
TSB Group 


Uni layer 
Utd Biscuits 
Vodotona 
WBTLOonm 
Welcome 

wnmiroad 
Williams Hdgs 
wm is Carman 
FT 30 Itnhai: T 


286 226 
zn 27s 
SM 5.43 
6.16 6.13 

X94 VT3 

S li! 

456 
5^3 SJ3 
227 229 

U0 1J9 
7.14 783 

730 JM 
488 437 

463 466 

135 134 

5J5 195 

6J8 785 

185 184 

4.1B 423 

523 174 

405 485 

481 335 

495 *.97 

585 4 f 

521 529 

40S 401 

6.11 410 

180 129 

XC 5JD 
3J» 111 

487 485 

54! 582 

467 486 

786 783 

472 466 

977 9.74 

177 175 

421 4 It 

43a <w3 

881 879 

406 AM 
583 5.05 

386 X57 

187 183 

583 530 

496 492 

534 535 

132 188 

421 419 

487 483 

X1B 118 
479 430 

283 2J9 

974 975 

222 221 
118 220 
11.04 UUO 
3.16 119 

1.94 1.95 

4175 41.W 
688 688 
578 58S 

388 38J 

130 184 


BCE Mobile Cam 
Cdn T/re A 
Cdn UNI A 
Cascades 


Crown* inc 
CT FlnlSvc 


Gas Metro 
Gt West Lffeco 
Hees Inri Bcp 
H udson’s Bar Co 
imascs Ltd 
Investors Grp Inc 
Lobatl (John) 
LaOlaw Cos 
M atson A 
Natl Bk Canada 
Oshawa A 
Ponato Petrobn 
Power Carp 
Power Ffnl 
Quetecar B 
Roaero Canrun B 
Roval 8k Cda 
Sears Canada I nc 
Shell Cda A 
Sauiham Inc 
stmaiA 
Triton Fto’l A 
Industrials indue: 
Prevlatn : 1MXS3 


4411 44 V: 

11% trot 

23* 23 Vi 

m 6W 

N.T. 18% 
N.T. 18W 
12V* 1ZW 
204k 2044 
12 % 12 *. 

25 24V^ 
39tk 38W 
16W 1 » 
20W 19M 
2Hf. 2095 
1BW. IBM. 
9Vt 9M 
I 8 M 18 
40* 4116 
IS* 18* 
28* 28V5 


5 tog A Itl I nos tom 1XM '380 


9. HI 9 
870 885 
281 278. 


Sing SUt Svc 
I Stog Land 

Sing Paflfli **< 

Sing Press tarn 24«f 26 

Slug Shi pb Wo 247 242 
Sing Telccamm 
Straits Steam 
StraHs Trading 
Tat Lae Bonk 
UMIndiatrtal 

Utd (TseoBk torn 1S30 to 
Utd (Tseos Land 277 277 
StraH s Timsftgwcanm 
previous : 221781 


M2 M2 
488 498 
3 JSB 3M 
486 4« 

178 IT? 

1S38 H 


Stockholm 


SNmasu_ 

SMnalsuChem 

5onv,_ 

Sumitomo Bk 
Sumitomo Cftem 
Suml Marine 
Sumitomo Metal 
TatodCarp 
TakedaOwm 
TDK 
Tallin 

Tokvo Marine 
Tokyo Elec Pw 
Happen Printing 

Taray Ind. 

TastUbo 

Torafa 

Yanwlchl See 
a:xML 


671 665 

1900 W0 
5030 5110 
16ft) 1720 
B0 541 
812 B15 

324 xm 

m aw 
1200 1210 
4490 4570 
54? 550 
ioto mo 
2780 2800 
1440 1440 
739 742 

682 687 

20t0 2080 
68S Ml 


WUt 16»k 
1916 19% 
29 28% 
8 1 % 
42 K. 41% 
14% 14% 
7% 7% 

330 330 
181546 


Madrid 


%)ohannesburg 


Frankfurt 


AECl 
Aitech 
Anglo Amer 
Barlows 
Bhrvoor 
BuffeK 
De Beers 
Ortetonleln 

Harmony 


3X75 JS 
95 95 

233 235 

3XSI 3330 


BBV . 3435 3390 

§ce Central Nlsp. »90 2 ms 
B anco Santander 5260 5220 


42 38 

94 93 

6425 6X50 
1575 1575 
128 127 

36 3530 


Banesio 

CEPSA 

Dragados 

Endesa 

Ercroa 

Ibardraio 

hemal 

Tabacalera 

Telatonica 


Hlghveid steel 3450 


928 937 

31«! 3110 
1980 1945 
SOD SBia 
152 149 

870 863 

3BU XtO 
3740 3750 
1695 1665 
Index: 30183 


Accor 
Air LiauMa 
AlcoM Aisttiom 
Asa 

Banco Ire tCie) 

BIC 

BNP 

Bouygues 

Danone 

emmtour 

Cerus 
Oiarpaurs 
□menis Franc 
riub Med 
E H-Aouiiotoe 
Euro Disney 
Gen. Eaux 
Haros 
l metal 

LOtorge Coppre 



Previous : 1583 


Toronto 

! AWttW Price 17! 
Air Canada 7> 


I I igVHWS ■ 1190.14 


Lyon. Eaux 
3reai IL'J 
LVJVUL 
vmtra-Hachelte 
Wchelln B 
woullnnx 
Paribas 
Pechhiev Inti 
Pernod- Rlcard 
Peuseot 
Ptoault Print 
Radlatechnlque 
Renault 
Rh-PoutoncA 
Rafl. SI. LOUIS 
Sanott 

:.;ini Gctoaln 

> r B. 

5to Generate 
Sum 

rnomson^SF 

Total 

JAP. 

i/atea 


Sydney 

Amcor 

ANZ 

BHP 1 

Bgraf 

Bougainville 
Coles Mver 
Comalto 

CRA ] 

CSR 

Foster* Brew 
Gaadnxm Flew 
ICI Austral la l 

Magettan 
MINI 

NatAust Bank l 

Nows Carp 
N Broken Hill 
Poc Dunlop 
Pioneer Inti 


B70 870 
193 375 
1080 1876 
ITS 3J2 
070 OB 6 
402 197 
575 495 
1784 1770 
483 480 
1-10 1.11 
1.11 1.10 
11-20 1082 
1.90 170 

289 288 
1072 1054 
5.13 5.10 
118 106 
X54 3J0 
X12 3.05 


Alberta Energy iSta 
Alcan Atom town 32% 
Amer Sorrfek 29% 
Avow 24ta 

BkNuroSootta ZTHi 

BC Tetrctimm 34M, 
Bombardier B 2lls 
Bramalea lie. 

BrascanA 

Cwneco 28ta 

C1BC 33U 

Cdn Natural Res 1«* 
Cdng^dPel 31V, 
CdnPodfle 31 

Cascades Ptraer N.T. 
Caminco Z3V, 

ConsumeroGas IV* 

Datasce, 179h 

Dorowj ind B igu 
Du Pont Cda A N.T. 
Echo Bay Mines 15 
Empire Co. A N.T. 
Falcanbndge 2lta 


ti^‘ 


\ 


Ver y briefly; 

— ■ ' ' : . gt- 

• Britain plans to privatize Rail track, which owns and operates the 
rail infrastructure, by April 1997, in what wiU be one. of the 
country's largest-ever stock offerings, the transport secretary said. 

• Porsche AG said higher sales narrowed its loss for the year ended 
Ju)v 31 by 37 percent, to 150 million Deutsche marks ($97 

-it- \ A P4tj4 if MirUr rfrti wHVi owi tn 


^ « ) 




•' : j • t-" + ? ■ 

- - ..i li* ; 


Fletcher awn A I7ta 


Franco Nevada 


Guardian Cop a n.T. 


Nmndy PoseWon T.« ISI 
PuSllitiO BrdCSta 178 179 
OCT Resources 171 178 

Santas X 6 S X 6 f 

TNT 270 27S 

Western Minina 772 7.15 

fflSBEi" 8 23 £3 


HemtoGoid 13V. 

Horsham law 

Imuartol oil 463* 
Inca 34 

LjHJawA UK* 

LoWlaw b 101 * 

l^ewen Group 3454 
London insur Go 23 
Macmili BiaoefiS 17 Vj 
M agna Inti A 45 

Mopie Leat Fqs mu 
Moore 74(4 

Newbridge Netw 44W 
Norooda Inc Mta 


Noronda Fonts I I0ta 


Tokyo 


Sao Paulo 


■WalWrJi; 


ICY & FOTVMES TRM)EK 

perAc ordan hm BM COMPUTBl PKXJRAM 
fax Eai 1 7 years PutcIkbe fcr IBS 85,000, ar lean 
>o»nfeUeeofa | n<n«*>45>M)B'fliminidM 1 
or 38 Futures ■ teuton bade «vi#i speofic^wUrieiJ 
aKeadi 5100,000. tudng«i»avVrad far eoai 
SS 2.500. or 6 mortfo loruSS 6 J00. or I yea 
BACK GUARAN1EE. We m nol CTA'v. dc iPjnm 
U5S35.C00). cd dud CUSTOM PROGBAMStr Tl 





M 


Currency Management Corporation Plc 

11 Old Jewry - London EC 2 R SDU 
TeLs 071 -S 65 0800 Fax: 071-972 0970 


Kloof 60 60JO 

Nertoonk Gro 41 41 

Rondfontatn 41 41 

Ruralat 110 111 

SA Brews 97 JO 99 JO 

&n Deep ,S 



Narcen Energy 
Nthern Telecom 

NOVO 

One* 

Parra Canada 
Placer Dome 
Potash Carp Sask 

EB?” 

Ouetwcar Prtol 


P**nd»anoe Er.v 29V. 


MARGIN FOREIGN EXCHANGE 


24 Hour London Dealing Desk 
Competitive Rates & Dolly Fax Sheet 
Call /nr further infnrmatinn & brochure 


London 


MEMBER SFA 


Commodities 
on the Move 
Time to Speculate? 

< jill Philip i ) Mci!l 
Tel : * ll 71 .-U-tf 
I'.ix: + II 71 .-LS'i.Wiy 


<&9 fatAas &' e l§impaKy Capital narj Management 

UeMi,B«Mia $32,691.77 

« NET HEaUZED PROFITS 

PEft 5100^)00 UNDER MANAGEMENT 
JUNE ® 1994 THsoucH ° ctobeb 2I ' 1994 



Blue Circle 
hoc Gram 


For further details on huw in place your Usling contact : WILL NICHOLSON in London 
TeU (4<i) 71 8J6 48 02 -Fax: (*4) 71 2402254 
ve * v mwininM 55# *4 

ltcralo^a^ttnDunc 


Banco do Brasil. 16.10 16 

Banesaa 979 9J5 

firodescq 730 Tjt9 

Brahma 385 272 

Cemta 83 M 

Etalroaros 370 £03 

Itaubanco 259.90 258 

LtoM 339 339 

PonmoBanema 16 1680 

Prtrabraa 11611450 

Souza Cruz 8.15 880 

Telebras 37 37jo 

Tetasp 38499 395 

Usiminas 177 170 

Vale Rla Dace 146 152 

Vartg 3880 X6SQ 


Fufltsu 
Hitachi 
Hitachi Cable 



RtaAloem 24ta 

Snaaranco, 39 

Stone Coasoia 14W 

Toilsmai Eny 27W. 

Tuealobe 17V. 

Tetae 169* 

Thomson 16V* 

3S ?55 
I’&g&SlS' SS 

w2222 BB,El,v His 

wesran 39% 

Xerox Canada B 44% 

»W" 


Baveipa tadn : 43990 
Previous ; «eM 



VSp 








• i 


? t 


1 ; 

1 • 


IK 1 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


Page 15 


ASIA/PACIFIC 


Tokyo Money Heads for Bonds 


m °° m ^BtaintsaNews 

/TOKYO — Investors ron- 
““8 for cover from sliding 

P rices 816 
s ~ cm g Wge in die stabiliw 
of government bonds. Some 
aoatysts said Thursday that 
this could be the start of a 
tread. 

Bond prices hoe have risen 
tor about 1 percent in the last 
three trading days. 


Asia Markets Turn Calm 


“The bond market is being 
m life 


given a renewed lease on _ 

Sn th fi PCn ? >tion fun <^ 
Tr* l< ™ fr ?m stocks to 
said Cameron 
umetsu, an analyst at UBS 
Securities Ltd. 

Traders said persistently 
weak stocks would tempt Ji~ 
pan 5 institutional investors 
—especially life insurers — to 
shift to bonds. And analysts 
said volatility in the world’s 
currency markets was Hkefy to 
that money in Japan. 

Japanese investors, partic- 
nlarly insurance comp anies ; 
have become increasingly 
concerned about currency 
mk,” Marshall Gittler of 
Merrill Lynch said. 

If that prom p ts Japanese 
He insurers to put some -of 
thor 160 trillion , yen ($1.63 
trillion) into domestic govern- 
ment bonds, the market could 
see a sustained Bft, analysts 
said. 

Many analysts agreed that a 
3 percent fall in the Nikkei 
Stock Average this week had 
ignited the bond rally. Soane 
said moderate economic 
growth and nearly steady con- 
sumer prices meant higher 
bond prices could continue 
for the next three months. 

“With a feeble economic re- 
covery and no fears of infla- 


Gbrtfnk&b} Oar Staff From Dispatches 

HONGKONG — Calm returned to Asia’s markets Thurs- 
dj^aftotwo days of heavy selling, but domestic worries kept 

t? 0, and Seoul under pressure. 

The outlook for the region’s bourses remained bearish on 
fears that h igher interest rates would weaken the U.S. econo- 
my, despite indications of confidence returning to Wall 
Street, which fell only 336 points Wednesday. 

Bargain-hunters ma de the most of the two-day sell-off, with 
Hmig Kong, Bangkok, Manila and Singapore trading hi gher 
and Sydney making the strongest gain of the day. 

Tokyo, which was closed Wednesday for a holiday, was one 
of the wore; performing markets Thursday. The Nikkei Stock 
Average of 225 selected issues dropped 262 points, or 1.4 
percent, to 18,701, in sympathy with the plunge in U.S. stock 
markets this week. 

In Hong Kong, the Hang Seng index gained 71.83 points, or 
0.8 percent, to dose at 8,647.86, supported by strong gains in 
utility stocks and by the steady performance of U.S. equities 
on Wednesday. 

In Singapore, the blue-chip Straits Tunes Industrials index 
gained 18.59 points to 2,236.40, with dealers saying some 
confidence was returning to the market. 

(AFP, Bloomberg, Reuters) 


said. On Thursday, the No. 
164 bond was yielding 4.61 
percent 

In the United States, con- 
cern about tiring prices has 
pervaded the brad market 
even though the inflation rate 
in the first nine months of 
1994 was only one-tenth of a 
percentage point higher than 
the 2.7 percent rate for all of 
last year. 


In Japan, Mr. Shipley said, 
eh be on the 


turn,” said Andrew Shipley, an 
economist at liftman Broth- 
ers, “there's a lot of support for 
bonds." Slow department- 
store sales and household con- 
sumption point to a weak re- 
covery, be added. Department- 
store sales fell 43 percent in 
October from a year earlier. 
Mild economic growth 


helps bonds by reassuring in- 
sir fixed 


vestors their fixed returns will 
not be eroded by fnfiari^n 
Economists said business 
investment patt erns indicated 
the economy was rolling for- 
ward in fits and starts. For 
example, machinery orders 
rose 0.7 percent on the year in 
September after rising?.] per- 
cent in August 


“When investment is weak, 
the momentum of economic 
recovery is weak,” said Yo- 
sfaito Sakaldbara, an econo- 
mist at Salomon Brothers 
Asia Ltd- 

Two weeks ago, the yield on 
the 10-year Japanese govern- 
ment brad No. 164 jumped as 
high as 4.75 percent Mr. 
Shipley of L ehman brothers 
said that was too high. Bond 
yields rise when prices falL 

There has been no Hangar 
of inflation in Japan this year, 
so “the brad market was sim- 
ply overreacting — traders 
were moving in tandem with 
traders elsewhere, even 
though the domestic situation 
here is quite different” he 


inflation may well 
way down. “There is no sign 
ra the consumer front that 
companies can hike prices," 
he said. “In fact if anything, 
discounting is more and more 
intense.” 

As long as “deflationary 
pressures remain quite 
strong” in Japan, “real inter- 
est rates remain at broadly 
comparable levels” to those df 
the United States. The Japa- 
nese consumer price index 
rose just 02 percent ra the 
year in September. 

■ Yields Rise in Seoul 

Three-year corporate bond 
yields in South Korea are hov- 
ering, around the year’s high of 
13.85 percent as Seoul’s 
booming bourse draws funds 
from the brad market, Reu- 


ters reported from Seoul 

joe Yam* i 


Lee Yang Gi, general man- 
ager of Lucky Securities Co_, 
said bond yields were rising 
because “investors are far 
more interested in the boom- 
ing stock market than the un- 
stable debt market" 
Although the Seoul stock 
market has fallen along with 
other markets this week — the 
Composite Index ended down 
10.80 points Thursday at 
1,085.16 — it has risen 25 per- 
cent this year. 


In Many Other Markets, Too, Equities Fall From Favor 


. . Bloomberg Business News 

HONG KONG — Investors have 
been shifting into money marke t funds 
from Asian equity funds in th e past few 
days, Jardine Fleming Unit Trusts Ltd, 
the largest unit trust company here, said 
Thursday. 

The switching follows a drop in Asian 
stock prices this week and a rise in US. 
and Hong Kong interest rates. 

“People are switching from regional 
equity funds into money funds,” said 
Penelope Hill, a spokeswoman for Jar- 
dine Fleming. A unit trust operates like a 
mutual fund 


But she said the company was not 
suffering from net redemptions. Some 
funds were facing redemptions, but they 
were bong matched by new investment, 
Ms. Hill raid “We are not losing funds,” 
she said The company did not specify 
the size of the money flows. 

She said Jardine Fl eming , which is 
jointly owned by Jardine Malheson 
Holdings Ltd and Robert Fl eming 
Holdings Inc., was advising investors 
concerned about falling equity markets 
th at switching into money market funds 
was an alternative. 

Ms. HlQ said the number of transac- 


tions the Company was handling had 
risen about 50 percent in the past few 
days, and that most of those involved 
switching of funds between investment 
vehicles. 

The most popular money fund was the 
JF Moziey Fund, a dollar fund, which 
earned 5.21 percent over the past year 
through investments in U.S. money mar- 
ket instruments, she said But even that 
did not give Hong Kong investors a posi- 
tive real, or inflation-adjusted return, 
given an inflation rate of between 7.9 
percent and. 10.5 percent, depending on 
which price index is used as a reference. 


Beijing Widens 
STAR-TV’s Access 


Investor’s Asia 








Reuters 

BEUING — STAR-TV, the 
Asian satellite network, 
strengthened its presence in Chi- 
na on Thursday when o fficials 
approved limited distribution of 
its movie channel in Beijing. 

Broadcast authorities said 
rules had been issued allowing 
certain segments of the popula- 
tion to apply for licenses and 
decoders needed to watch 
STAR-TV’s Satellite Movie 
Channel. 

This will be the first time a 
scrambled satellite television sig- 
nal originating ovo^eas has been 
offered to subscribers in C hina 

One Chinese company has 
been given a franchise to dis- 
tribute licenses and sell de- 
scramblers for the mainly Ghi- 
nese-langnage movie channel, 
which offers “one-stop” ap- 
provals for holds and housing 
estates seeking the pay service, 
a broadcast executive said. 


The rules mainly affect for- 
eign tourists in hotels and for- 
eigners and Chinese people liv- 
ing in special housing 
compounds, although they also 
apply to some hotels patronized 
mainly by Chinese people. 

STAR-TV is controlled by 
Rupert Murdoch’s News Coip. 
nd is based in Hong Kong. 







an 


STAR-TV broadcasts four 
channels in English or Chinese 
in northern Asia in addition to 

the movie channel, whose si gnal 

is encrypted. 

“Of course, this still mainly 
affects foreigners, but Beijing 


franchise,” said a fc 
active in the television 
Chin a has hannwi ordinary 
citizens from receiving foreign 
satellite programs- But STAR- 
TV’s four free- to- air channels 
have gained huge audi ences, 
who defy the ban with rooftop 
satellite antennas. 



Sources: Reuters, AFP 


Hcnkl Tribune 


Very briefly: 


e Murata Manufacturing Co. will invest $124 milli on to build a 
factory in Singapore that will produce ceramic chip capacitors. 
Murata is one of the largest electronics parts makers in tire world. 

• Mitsubishi Electric Coip. said high demand for semiconductors 
helped consolidated pretax profit rise 36 percent, to 48.4 billion 
yen ($492 million), in the half-year ended in September. Sales rose 
4 percent, to 133 trillion yen. 

• The Japan Automobile Manufacturers Association said domestic 


■ Motorola Inc. said its high-speed FLEX paging system had been 
adopted by the Japanese Ministry of Posts and Telecommunica- 
tions as tire baas for tire next paging standard in Japan. 


■ ITC Lid., India’s largest tobacco company, said it planned a 

lire company hopes 


vehicle production rose 0.4 percent in October from a year 
the first rise in 25 months; motorcycle production feu 9 p 


earlier. 


percent. 


diversification into food and power sectors, 
to achieve revenue of $6 billion by the tom of the century. 

■ The Telecommunications Council, an advisory body to Japan’s 
posts and telecommunications minister, approved cuts in charges 
for cellular telephone services. Basic monthly telephone fees will 
be cut by 11 percent. aft. AP. Bloomberg, Reuters 


Seoul’s Growth 


Running at 7.5% 


The Associated Pros 

SEOUL — South Korea’s 
economy, propelled by brisk 
capital investment and consum- 
er spending, grew at an »npii^ 
rate of 73 percent in this year’s 
third quarter, the Bank of Ko- 
rea said Thursday. 

The growth was slower than 
the 8.9 percent annnaliTfld rate 
in the first quarter. Gross na- 
tional product grew at a 7.8 
percent rate in the second quar- 
ter. 

But bank officials said South 
Korea’s “healthy” economic 
growth that started early in 
1994 would continue this year. 

Capital investment rose 23 
percent in the third quarter 
from a year earlier. 


ADVERTISEMENT 


AMERICAN EXPRESS COMPANY 


(CDRs) 


The undersigned announces that as 
from 6 December 1994 at Kas-Asso- 
ciatie N.VL, Spnutraat 172. Amster- 
dam, div.cpn-no. /I of the CDITs 
Americas Express Company 
each rrpr. 5 shares will be payable 
with Dfls. 1,65 net. (div. per refedale 


0110.9k gross $ 0,225 pjh.) after 
deduction of 15% USA-lax = $ 


0J6875 = Dfls- 0,29 per CDR 

Dfccps. belonging to non-residenia 
of The Netherlands wiO be paid after 
deduction of an additional 15% USA- 
lax (= S 0,16875 = Dfls. 0,29 with 
Dfls. 1,36 net. 


AMSTERDAM DEPOSITARY 
COMPANY N.V. 
Amsterdam, 22 November 1994k 


NOTICE IS HEREBY CBVEN THAT THE ANNUAL GENERAL MEETING OF 

PANCURM INC. 

IS DUE TO TAKE PLACE ON THE 13TH DECEMBER 1994 AT 
COMOSA BUILDING, 15TH FLOOR, SAMUEL LEWIS 
AVENUE, PANAMA CITY. REPUBLIC OF PANAMA 
COMMENCING AT 9:00 AM. 


The meeting will have the following agenda: 

1) Election of a Chairman of the Meeting 

2) Election of a Secretary to the Meeting 

3) The Directors'/Managera* report 

4) Presentation of the accounts to 30th June 1994 with the 
auditors’ report 

5) Discharge to the Directors and the Managers 

6) Election of Directors 

7) Discharge to the Auditors 

8) Election of the Auditors 

9) Approval of the remuneration of the Directors and the Auditors 

for SANNE MANAGEMENT COMPANY SA. 
as Managers of PANCURRI INC 


Insurer Turns Toward China 


Reuters 


HONG KONG — National Mutual Asia Ltd. said Thursday it 
would stake its future on the potentially lucrative Chinese insur- 
ance market. 



Pacific Ltd, for 555 million Hong Kong dollars ($72 nuDion). 

The company hopes the agreement wifi provide a key to China’s 
life-insurance market, said Sr David Akos-Jones, National Mu- 
tual Asia’s chairman. 

At present, only two foreign insurery American International 
Group Inc. and Tokio Marine & Fire Insurance Co, have licenses 
to wnte policies is China. 

As part of the transaction. National Mutual Bermuda Ltd, the 
h rfvidtng company for National Mutua l Asa, will buy an 8.7 
percent stake in China Everbrigb t-ltlL) for 168 nrilHon dollars. 

fhfwa Eveibrighl-EHD is 59 percent-owned by China Ever- 
bright Holdings, which is controlled by the Chinese government. 


ff LUXOR INVESTMENT CXJMPANY 


% 

L V 


SodWAnonymr 
10 /^BodcvaatRoyal 

R.C. Laxtmbows 27. 1® 
Notice of Meeting 


Nocicr is hereby ghra that the ANNUAL GENEML MEETING of LUXPR 

INWEn^TCQMRWvwffltel]^ 

Backward BoyaL on; 

Wetaesday M* December, l*M at 14 bmn, 


1. Tor 

. . ' SqXeo&er. 1994. 

1 ,9M ' 

4. To«pprojxaiE*e earning* 

5. 

3 tteSq*ember, IW. 

6 . 

mn of one year. 

7. To tr*s*ian> od« business 


, twetectioo of the AnSnrfbrftixw 


W nwc dH Jrfarri ra antic RggsgitdOffice 
tcheteMDSKf 

. ihejiaosmtoaala^ 1 tfP"* 1 toW!l be “*“ 

lS&Nbmfer, 1994 . 



INVITATION TO TENDER 



THE GREEK PUBUC ESTATE CORPORATION, 

legally authorised by the Greek Telecommunications Authority Insurance Fund {TAP-OTE) invites tenders to 
compete for the grant of a 20 year duration lease of MACEDONIA PALACE HOTEL, 

Class ALUX (Five Star), property of the above mentioned Fund. 


The Hotel building comprises 288 rooms (538 beds) and it is situated on 
a 14.500m 2 parcel of land by MAlexandrou Ave. (coastal promenade) in 
the City of Thessaloniki. 

Eligibility 


3. 


The following categories of firms are eligible to compete. 

LL Hotel firms which have been engaged in Hotel business 
(4 or 5 star Hotels) for at least three years. 

L2. Joint Venture Hotel Enterprises which have been exclusively 
involved in Hotel business. 

At least one of the associate firms must satisfy the conditions 
outlined in LL above. 

L3. Firms, individuals or associates, participating in joint venture 
firms, which are at the moment In legal battle proceedings 
against the owners of the Hotel (TAP-OTE) are not eligible to 
take part in the competition. 

All competing parties must submit an application form and 
certified copy documents to the authorised Auction Committee. 

All documents must be completed/translated in the Greek language. 
The auction will take place in the City of Thessaloniki inside 
MACEDONIA PALACE Hotel premises on 18 JANUARY 1995 
from 09.00 hours to 14.00 hours. 

4.1. First year rent First year rent is fixed at the sum of one 
billion drachmas (GRD L000.000.000) and will be paid upon the 
signing of lease contract 
Second year rent 

Commencing rent for the second year of the lease period is fixed 
in the amount of GRD. 600.000.000. Each offer submitted in writing 
must be fixed at least 5% above this said commencing rent The 
amount to be determined at the conclusion of the written or oral 
auction procedure will be the second year's rent 
43: The above mentioned second year rent will be reviewed annually on 
RPJ. basis, until the end of the lease period. 

5.L The highest bidder at his own expense must undertake the 
following works: 

(a) Renovate the hotel premises in full, internally as well as 


8 . 


4 2. 


externally, within a period of 24 months from the date of the 
signing of the lease contract. 

(b) The lessee, following signing of the lease contract, must keep in 
good order and properly maintain the hotel premises throughout 
the lease period. 

52. The hotel will operate on a full calendar year basis as a five 
star establishment 

6. The lease period will be for twenty (20) years. 

7. A bank guarantee letter in the amount of GRD. 250.000.000 
is required to enter the auction procedure. 

All relevant supporting documentation which includes floor plans, 
specification details, draft lease documents, etc, can be made 
available and be delivered to an authorised representative of the 
interested firm/enterprise upon payment of GRD 200.000. All 
relevant documentation may be obtained from GPEC'S offices 
158A. Alexandras Ave., 115 21 Athens, during working hours 
(Please contact Mr. C. Kourtis 00301 - 64237.55 or 
Mr. GSakeiariou 00301 - 644.03.14). 

Additional plans may be made available on request upon payment 
which is related to the category of the plan required. There is no 
charge for the Invitation to Tender full document 
Additional information or clarifications in relation to the Auction 
Documents may be requested only in writing following regular 
application procedure. Application forms, may be submitted no 
later than 22 DECEMBER 1994. GPEC will reply to all applicants or 
their authorised representatives in Athens, by fax. GPEC' s written 
response will bound all parties participating in the auction 
procedure. All replies will be deemed as complementary documents 
attached to the Invitation to Tender document. 


9. 


THE CHAIRMAN OF THE BOARD 
OF DIRECTORS 


ATHENS 7 NOVEMBER 1994 


EVANGELOS CHRYSAF1S 


ACCESS NUMBERS COUNTRIES 


ACCESS NUMBERS COUNTRIES 


ACCBS NUMBERS COUNTRIES 


ACCESS NUMBERS COUNTRIES 


ACCESS NUMBBtS 


* rr / . -• 




A SIMPLE 

CURE FOR THE FEAR OF 
foreign phones. 


Anflgua Ededcatad pham) 

Ai^« 0»oy phw*,} 

ArgreHoo . . 


AnMb(Ojpta) + 
Auctrefta (Mrtra) +- 


03.1000 

#0 

14004664663 
00-1400-777-1111 
8-40-1 U 
000051 MO 




023403414 

14004*94111 

14004774000 

0800-10014 

AM 


Cypna-ZB 

CndiktwUc-f/ 

D— wfc * 

Pumm ltUe NpiAfa A 
ten ia rS 
I BwHa*o> + 

Egypt (ril ota] + 
0Si*wtor + 

fiji Wench 
fUM-t 

i + 
t + 

Otoem* 


1400-6234877 

0900-3333 

0004016 

14004774000 

004004010 


a* 

Chtna ffnflfiih) +/ 
Ctf— ( M n iit n) *S ' 

CM — Ma Cfe-hN 

QtfmlKca + 


00*0317 

10*14 

10*46 

9*0-130410 . 

9*0-130410 

163 

>43 


Goa— *0 + 
Hondom A 

H—gK— 0 

HangK—gA 

Hu ngiy+y 

kcfand+B 

*Hlkr + 
hu lnw — a 

W— d + 


*n»r* 

Jobk*o- 


060-90041 

0042437-1 

BOO-14877 

1400731-7*77 

171 

3564777 

004564777 

191 

004490-1004 

9800-142S4 

19+00*7 

01304013 

00*401411 

450-1366 

193 

001400-1212000 

800-1177 

Oil 

004*0001477 

009403 

000-137 

001401-15 

140045-2001 

177-1004727 

17X1*77 

14004774000 


Japon (DC) (BigUO * 

Japan (KDD) (Engflth] + 
Japan (JapoMa] * 

K 

KoMajpomb}* 

Korea (KH +♦ 

Ku wait 

Uadrt— lalp + 

I Miu ania / 
tatesibourg 
Macao a 

*Utay«ia + 

Moalen* 

Menace -t 

NeftkANVa . 

[Curacao & Booaira] * 
NMhnfa*4s + 

Menu Zealand A 
pn-eoenfcy sefli} 

Htf— tm-ioud 


0066 - 55-877 

0039-131 

0066-tt-ttfl 

0800-13 

0039-13 

009-16 

800777 

1534777 

*•147 

08004115 

0800-131 

*004016 

954004774000 

19+0067 


Retu/ 


196 


PWBpptaM {FIH tUOrea only) 010541 


Tebyt 

U S Virgin Woods - 


nifoinei (MCon) A 
PfeMndereCnJOT) 


102-611 
1 OS-16 


1 + 

Puerto Rk»~ 


00104400-115 

05017-1477 


14004774000 

014004877 


IWm 

UniMd Arab Eariraiai * 
UdM Kingdom (BT) 
Ueiled Xmgdaai {Mereury ) 


KeuiotMoicew) + 

(MWI {aB after) +a 


1354133 

8093-1556133 


Saipan 

Tin 


fern Merino + 
Saudi Arabia 


i and Rate +■ 


TM- OTCT 

1-2354333 


Uruguay nr 
Vaflcan CBy + 
Venezuela [EngUi] 
Venezuela (Spasift) 


00400-1-4477 

14004774000 

14004774000 

8-100-1 S 

000-131 

06004 9 4677 

0500494877 

000417 

173-1877 

BOO-11114 

BOO-1111.1 


172-1*77 

1800-15 


001 400-745-1 111 
06+022-9119 
0124.1— CTde.ehon. 


Stagapwe* 
ScwHi Africa + 


8000-177-177 

0400494001 


Mreregan W — eaa Emfabl o 

Managua (M— —■ tpreMI a 


Pgrofluay A 


000-999 

171 

161 

02+torftahei 

100-19*77 

115 

008-12400 


Spde 
3r.Uda6 
St Larin 5 
SWMlm + 

Saritaeriaad + 

Syria* 

Tehran a 
ThohMd/ 

TrWdad ft Wwgo 
(pom of aoky onlyl 


900494013 

1400-277.7468 



Sprint. 


090799411 
1 55-9777 


0888 
00*0-144877 


001-999-13477 


7 i< tor ite htalygiiJr dnJbal&t j, ay, nwnlvr fiv 

At retain wa'nr nwwj. la n9tmrttdl, xmVkr«mtfJte 

an &gW'-jprjW* Sprint l ipn&tr. hi /tut rury. 


23 


rviBMinKamictt oi^»*ereMCierrtoc»ir»od^Ba«o*dta.l=»ega*|i^iod»iBBerarnnert«a*«(*l«re« Hfrwmtatttan loue6m<elte5|elDiAcmt6raM oittacowavtoa'ien n ! -MMST: felt* inh*. m it* Ui Mi “»**r to c«*«r» coBng anftifaCry. \ t©NCAS9 Mrea ady Uu> Gteial 

nr^ Cc«'«an»eiBBil r ♦ W* tor second h— * |Ac«Baeyie**a«»Boi coia. /AwtobloaieMsrtcw Artoia»ailalfc-han^i» - fOND«t>Wl«> CjO«S»» US, immniiM cel* LiMneaiecn cr% H^iaralseKaio-i:. <o*toci hw 

Qp»ic*v. ♦+ toe gay pharet or* nd tana- went Iw «cra Itaw ifel * loeq! r» * cnsipt-- wny app*t a tiw t* 1 Sp-.w Czrm- , i * 


1 


► 


rJ'. 






••y s ’v ■issfHjawitti 
• -• : ."I I’: - ' *:“« 



-HSf 'T'T 


Page 16 


INTERNATIONAL HERAU) TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


SPONSORED SECTION 




Hamburg has local / 


industries in 11 major / 


economic sectors, / 
each employing / > ' r • 


A Long-Term, 
Global Approach 
To Investment 


over 10,000 people. 


A broad-based strategy has proven effective. 


The city-state’s 


strategies have / 
brought about a 


recession-proof / 



economy that 
has attracted 
investors 
from all / 
over the 
world. 


Luge investments make 

tbe front pages of the 
world's newspapers and cre- 
ate jobs by the thousands. 
That is why most state and 
municipal business -develop- 
ment corporations focus 
their efforts on securing 
these single-shot “economy 
boosters,” resulting in fierce 
competition for than. 

Recent studies have 
shown that huge investments 
are more often announced 
than actually carried out. 
and, even when they are im- 
plemented, often do not suc- 
ceed as well as predicted. 

City planners traditionally 
concentrate on building np 
one or two glaznoroos indus- 











The place to be 


and to be seen 
in Hamburg 


• This office and commercial building features 
excellent technical equipment and infrastructure ; 
complementing and enhancing the modernity of 
its architecture and design. 

• It has a sensational location, in the heart of 
downtown Hamburg. It is situated on the. city's 
picturesque Alsterfleel inland waUqnoay, which 
connects the city 's harbour and the Alster lakes. 
Vm a vis is one of Hamburg's main shopping 
streets , the Neuer WalL Very close by are the city's 
most important banks , media and trading 
companies. 

• The Fleetkof - the first of today 's 
office buildings designed to meet 
tomorrow's wishes. 


• A fuU selection of space for offices and 
shops , all at reasonable prices. 

• A diversity of individual unit sizes anti 
configurations, all designed to produce a 
high tfficiency and economy of use. 

• Excellent transport links. The building 

is within close proximity of the city's V-Bahn 
(metro) and S-Bahn (regional railway). 

It has an ample, supply of in house parking 
spaces; a luxury hotel is located across the 
market place . 


Hamburg 



Research: High 
Tech and Highly 


Productive Labs 


State-of-the-art centers are used by many companies. 


IReseaicf 


rh facilities are ex- 
pensive to build and to run. 
They are used for only a 
fraction of each working 
day. and many systems re- 
main idle for hours, even 
weeks. It is not surprising 
that the Deutsche Efektro- 
nen-Synchrotronstrahlung 
(Desy for short) has been pi- 
oneering a “rent-a-lab” ap- 
proach in Germany during 
the last year. 

Industrial companies are 
offered the use of Desy's 
Hasylab (short for Hamburg 
Synchrotron Laboratory) 
when it is not in use by staff 
researchers. Instead of flat 
payments, the corporate 
users are asked to provide 
funding support for the lab’s 
operations. The idea of shar- 
ing lab space and costs has 
proven extremely popular. 
Wacker-Chemie, Ger- 
many’s largest producer of 
chip-grade silicon, has en- 
tered into an extensive 


working arrangement to use 
Hasylab, as has a Danish 
producer of power plant 
“scrubbers." 

In 1993. 180 research in- 
stitutes located in 20 coun- 
tries used Hasylab. which 
was founded in 1979, some 
15 years after Desy itself 
was set up. Today. Desy an- 
chors an R&D community 
comprising 235 research and 
technology transfer insti- 
tutes of all kinds. 

The Deutsches Kli- 
mareebenzentrum (DKRZ, 
German center for comput- 
er-based research inio the 
environment) is one of these 
institutes. Using the most 
powerful computer in Ger- 
many, the DKRZ coordi- 
nates the research work and 
operations of a pan-Euro- 
pean climate-monitoring 
network. It will soon up- 
grade its work to enable it to 
issue tbe Continent's most 
detailed weather forecasts. 



Heavy Investment 
Hamburg has local indus- 
tries in 1 1 major economic 
sectors (each employing 
more than 10,000 people), 
including media, software, 
finance houses, construction, 
and even the chemical and 
electronics industries. 

Another yield from 
HWF's policy has been 
heavy amounts of invest- 
ment The more than 1 bil- 
lion Deutsche marks record- 
ed in long-term capital allo- 
cations in tbe 1994 financial 
year (ending August 31) by 
the city-state’s private sector 


represented an all-time 
record and was neatly twice 
as much as the previous 
year’s strong result. 


tries - current favorites are 
microelectronics or commu- 
nications systems - rather 
than encouraging a broad 
range of activities. 


Brood range of businesses 
Hamburg's municipal 
Wirtschaftsbehdrde (Eco- 
nomic Authority) and HWF 
(Hamburg! sc he Gesellschaft 
fur Wmschaftsfbrderuiig. or 
economic development cor- 
poration) have taken a radi- 
cally different approach. 
They have set their sights on 
attracting a broad range of 
businesses from a broad 
range of countries. Most im- 
portantly, they have taken a 
realistic, step-by-step ap- 
proach to the investment 
process itself. 

“Most successful invest- 
ments start out very small, as 
a sales office or as a one-per- 
son company, and then work 
up to being major produc- 
tion and trading operations." 
says Dielmar Dttdden, 
HWF s managing director, 
adding: “This is especially 
true of foreign investors, 
who first have to test die wa- 
ters of their new markets be- 
fore committing huge 
amounts of resources.” 

The overall result of the 
city-state’s approach seems 
to have been a recession- 
proof local economy. Over 
the last five years, Hamburg 
has been Germany's fastest- 
growing state, even manag- 
ing to scrape through the re- 
cession. called die country's 
worst in the last five 
decades, with a minimal 03 
percent downturn in annual 
rate of GDP. This year, in a 
vigorous turnaround, the 
city-state is set to record a 
2.7 percent GDP growth. 


Port-driven expansion 
“To be fair, this divereity has 
not entirely been a result of 
concerted, deliberate ac- 
tions. It is something of a 
by-product arising from the 
city’s unique givens," Mr. 
Dfldden says. “This diversity 
has. in fact, been ‘port-dri- 
ven’." One-tenth of Ger- 
many's trade with the rest of 
the world (and Germany is 
die world's second -largest 
trading nation) passes 
through Hamburg, most of it 
through the port 
The port's position of pri- 
macy in Germany’s interna- 
tional trade has been further 
consolidated over the past 
few years. In 1993. the 
port’s throughput of 65.9 
million tons set yet another 
record. The port registered a 
12.3 percent gain, also a 
record, in container traffic. 

This trend is gathering 
strength in 1994. For the 
first half of the year, Ham- 
burg's 14.5 percent-plus in 
throughput amounted to a 
gain of 4.2 million tons, rep- 
resenting just under half of 
the entire country’s increase 
during the period. Main 
sources of growth: container 
trade with China and Russia, 
according to trade reports. 

With all this global trade, 
it is not surprising that the 
Port of Hamburg has servo! 
as many international trad- 
ing companies’ point of ar- 
rival in the city. For practical 
reasons, many of these com- 
panies have then upgraded 
their operations into sales of- 
fices, assembly plants and fi- 
nally production facilities. 
“You can almost trace this 
progress in terms of distance 
from the quays and the Frei- 
hafen [the city’s free port) it- 
self,” says Mr. Dtidden. 
adding: “with our ‘long-time 
foreigners’ now being locat- 
ed in our belt of technology 
and business parks on the 
city's outer rim." 







l 




Step-two investment 
Typically, it was for “step 
two or step three invest- 
ments,” explains Thomas 
Erich, senior investment 
counselor at HWF. “These 
investments generally repre- 
sented an upgrading of exist- 
ing facilities by electronics 
producers, skilled trade and 
technical services firms, and 
media and medical opera- 
tions." 

As sources of investment, 
certain countries - including 
Japan and the United States 
- are prized by business de- 
velopment corporations, 
which tend to focus on them 
to the exclusion of others. 

Not HWF. “While we’ve 
been successful in facilitat- 
ing Japanese and American 
investment in our city-state, 
these are just two of the 
many countries at which 
we’ve targeted our efforts," 
says Mr. Dudden. 

This policy has helped to 
make Hamburg Germany’s 
most disparate international 
business community, with a 
particularly strong and fast- 
growing presence in Asia. In 
1994, some 87 non-German 
companies set up shop in the 
city-state, very near 1992- 
93’s record totals. 

To date, Hamburg has 
3,000 non-German compa- 
nies, including such sizable 
“new Asian" contingents as 
those from Indonesia. Ko- 
rea, Hong Kong and - lead- 
ing the pack - the Peoples' 
Republic of China, along 
with a large influx of com- 
panies from Central and 
Eastern Europe. 


? . 

f *' * 


















i^£o 




INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


Page 17 


HWF 




Hamburg Messe und Congrf« r». D u 
Hamburg Trade Fair Authorii^ GMBH 
Jungiusstr. 13,0-20308 Hamburg 
Tel, (49-40) 35 69-0 - Fax^lo, 35692403 


The City-State of Hamburg 

Area: 755 square kilometers - Population: 1.67 million - Mayor/Govemon Henning Voscherau 


Despa Deutsche Sparkassen-Immobilien-Anlage-Gesellschaft mbH 
Mainzer Lands irasse 37, D-60329 Frankfurt 
Tel.: (49-69) 25 46 974 - Fax: (49-69) 25 46 6 15 


SPONSORED SECTION 


Hotel Sthgenbekger Hamburg 
Heiligengeistbrflcke 4, D-20459 Hamburg 
Tel.: (49-40) 36 80 60 - Fax: (49-40) 36806777 

Tourismus-Zentrale Hamburg (TZH) 
Tourist Information Hamburg 
Burchardstr. 14, D-20095 Hamburg 
Tel.: (49-40) 300 5 1 -0 - Fax: (49-40) 3005 1 254 


■*>#. ! 
.* ** ' '* V* •* 

4P.U?:- 


six. 
■jf/ * 


Trade Fairs Marketed 
As Information Events 

Expansion stems from development of events and services abroad. 


be^ label “trade-fair au- 
thority” does not even begin 
to describe the work of such 
organizations as Hamburg 
Messe und Congress GmbH. 

Hamburg Messe does, of 
course, still hold trade fairs- 
events scheduled for 1995 
are to begin with REISEN 
Hamburg (travel market) in 
February and end with 
Hanse-B5rse *95 (fossils, 
rocks and the like) in De- 
cember. By carefully tailor- 
ing its events to fit markets 
and demand, Hamburg 
Messe is successful in its 
original trade-fair function. 
In fact, Hamburg Messe’s 
three major autumn events 
in 1994 set all-time individ- 
ual records for visitor and 
exhibitor attendance. 

The associated congress- 
es. workshops and “informa- 
tion” displays staged in con- 
junction with each of these 
events are also setting 
records and greatly expand- 
ing the organization's trade- 
fair functions. In this regard, 
Hamburg Messe is by no 
means unique. 

“All of Germany's trade- 
fair authorities are now liv- 
ing more from the quality of 
market information dissemi- 
nated through the fair than 
the quantity of goods dis- 
played at them.” points out 
Professor Franz Zeitham- 
mer. president of Hamburg 
Messe. 

The bulk of the recent ex- 
pansion undertaken by Ger- 
many’s trade-fair authorities 
has stemmed from the de- 
velopment of events and ser- 
vices abroad, specifically in 
Asia and Central and East- 
ern Europe. 

In the Peoples' Republic 
of China, for instance, Ham- 
burg Messe supplied the 
ideas and the know-how to 
China’s “Portex." the harbor 
technologies event launched 
in 1987 and to be held for 
the fourth time in Shanghai 
in early December. Ham- 
burg Messe has also suc- 
cessfully created events in 
St. Petersburg and Prague. 

Perhaps the unwieldy “in- 
ternational trade-fair orga- 
nizer and market developer" 
is Lhe appropriate job de- 
scription for the organiza- 
tion. Even this, however, 
does not encompass a whole 
sector of its activities, partic- 
ularly concerning Asian 
markets. 

Asia, until very recently, 
has been very much the un- 
known continent for most of 
Germany’s business com- 
munity. despite the many 
high-budget projects carried 
out there by German compa- 
nies and the ever-rising vol- 
ume of trade conducted by 


German companies in the 
area. 

Knowledge of Asian mar- 
kets has been limited in 
Hamburg, too, even though 
the city probably knows 
Asia better than most Euro- 
pean cities do. The city's 
import-exporters had a total 
trading volume of 17 billion 
Deutsche marks ($10.9 bil- 
lion) with Asian customers 
in 1 993, up around 4 percent 
over 1992. And a growing 
number of Asian companies 
- around 400 - have estab- 
lished themselves in Ham- 
burg. 

“It's not at alt a question 
of ignorance, but rather that 
there's an increasing amount 
to know," says Mr. Zeitham- 
mer, adding: “Each year, 
thousands of new companies 
are founded in Asia. Like 
their predecessors, they 
quickly progress from being 
single-family operations to 
major producers and distrib- 
utors. This rise to the top is 
also taking place on the re- 
gional level. Today, there 
are 20 individual areas in 
China that form internation- 
ally sized markets, as op- 
posed to only four or five 
several years ago. 

“Hence the proliferation 
of product exhibitions, 
which provide compact, 
comprehensive introduc- 
tions to regions, their com- 
panies and industrial sectors. 
For identical reasons, these 
exhibitions are popular in 
Central and Eastern Europe, 
where a whole new genera- 
tion of companies has been 
founded and is now rapidly 
maturing.” 

Since 1986. Hamburg 
Messe has staged both trade 
fairs and product exhibitions 
with and for its Asian part- 
ners, either as “stand-alone” 
events or as part of its inter- 
national fairs, in both Ham- 
burg and abroad. 

In 1994, in addition to its 
event in Shanghai, the au- 
thority held China Products 
Expo '94, SHANGTEC and 
Asia Expo in Hamburg; 
Hamburg Messe’s SMM 
(Shipbuilding, Machinery 
and Marine Technology Ex- 
hibition and Conference) 
also featured a Chinese pres- 
ence. 

Fast-developing industrial 
and geographic sectors are 
by no means the exclusive 
preserve of Asia or Eastern 
Europe. America is still the 
land of roost “breakthrough” 
activities, with today’s Sili- 
con Valleys located every- 
where from the Northwest to 
North Carolina. And the 
Hamburg trade-fair authori- 
ty sees a major role for itself 
in conjunction with high- 




Hamburg’s shopping arcades, 
such as the one in the 

Hansevfertei (top left), 
attract stroBers; wBNn 
walking distance from 
the city’s heart is the 
Bvety international 
port (below), whose 
throughput of 
693 mason tons 
of cargo in 
1993 set a 



City Is Culture Lovers’ Delight 

From scenic walks to theater, clubs and dawn markets, the city has something to offer 24 hours a day. 


Hamburg's trade-fair facilities house many international shows 


“1 see a relation between 
our compactness and our 
willingness to take on new 
niches and new markets," 
Mr. Zeilhammer says. 
“Massive facilities require 
massive events ro fill them 
on a regular basis, predeter- 
mining their authorities’ 
course of actions. We let the 
markets determine our line- 
up and sites of actions." 

But what about a more ac- 
curate label for the kind of 
activities Hamburg Messe 
organizes? One suggestion: 
International Market Infor- 
mation Events. 

“Sounds a bit like a high- 
level seminar or briefing, 
but it's not bad.” Mr. Zei- 
thammer says diplomatical- 
ly, adding: “Market infor- 
mation is the fare of trade." 


high-tech companies.” says 
Mr. Zeithammer. 

“As these companies are 
very long on potential but 
very short on international 
exposure, distribution sys- 
tems and contacts, Europe's 
trade fairs are obviously an 
appropriate platform for 
their fust steps on the world 
market.” 

To serve these companies, 
Hamburg Messe has set up a 
representative office in the 
United States. 

Hamburg Mess has only 
90,000 square meters of 
covered floor space, small 
by German standards and 
for an organization with 
such an international range 
of activities, ranked in the 
top 20 of the world's trade- 
fair authorities. 


Hamburg Discount’ Helps Companies 


Local industry cites Hamburg’s international outlook. 


Based on per capita in- 
come, Hamburg is the rich- 
est political entity in Europe. 
Hamburg is also home to 
Otto Versand, the world’s 
largest mail-order company; 
Beiersdorf AG, the leading 
producer of cosmetics and 
consumer goods; Deutsche 
Unilever and some 1,460 
other profit-minded produc- 
ers. 

Since high incomes gener- 
ally mean high wages, and 
since those are the bane of 
profitability, the question 
arises: How do Hamburg s 
companies do it? . 

The answer lies in what 
local manufacturers refer to 
as the “Hamburg discount 
Companies report thai hav- 
inc facilities near Ham- 
bur e*s port makes product 

shipping costs lower for 
them than elsewhere in Ger- 
many. Prices of fuel oils, 
which are retined in the city. 


as well as prices of a number 
of other raw materials are 
also lower. And the large 
supply of highly qualified 
personnel, international fi- 
nance houses and other ser- 
vices also keeps down what 
economists refer to as 
“search costs." 

Greater Hamburg is com- 
posed of the city itself and 
adjoining areas in tie states 
of Lower Saxony and 
Schleswig-Holstein, both 
with the lowest wage and 
property costs in Western 
Germany. In the city itself, 
redevelopment projects 
have created a “zone of 
availability and affordabili- 
ty" (as it was recently 
termed by a city business 
development official) ring- 
ing the downtown business 

district 

‘Hamburg split* 

Many companies, including 


a large number of Japanese 
and American investors, 
have set up what is referred 
to as the “Hamburg split," in 
which their central adminis- 
trative offices and selected 
key operations (such as 
R&D or final finishing) are 
located downtown, while 
the rest of the company’s 
operations, including space- 
intensive manufacturing fa- 
cilities, are set up in the 
broad expanses of Ham- 
burg’s periphery and in such 
suburban towns as 
Elmshorn or Nordersiedi. 

Thanks to these “splits,” 
Schleswig-Holstein's por- 
tion of gjeaier Hamburg has 
become the fastest-growing 
part of a fast-growing state. 
Such splits have been delib- 
erately promoted by the 
city-state’s government, 
which has concluded and 
implemented extensive 
business development 


agreements with Schleswig- 
Holstein. 

These have included the 
staging of joint marketing 
campaigns and the pooling 
of site und services informa- 
tion. 

Integrated business area 
These splits stem from a 
simple fact: International 
companies view greater 
Hamburg as a single, inte- 
grated business area, as do 
greater Hamburg’s various 
municipal and state govern- 
ments. 

This international outlook 
has caused Hamburg’s man- 
ufacturing community to de- 
velop in interesting ways. 
Many of today’s major man- 
ufacturers were once trading 
operations, a complete re- 
versal of the standard sce- 
nario, in which trading oper- 
ations are the final area en- 
tered into by manufacturers. 


Cjermans tend to divide 
their cities into “oversized 
villages” and “world cities,” 
of which there are two wide- 
ly agreed-on examples in the 
country: Berlin and Ham- 
burg. The criteria of assess- 
ment are simple: What time 
does tire city close down and 
open up? The later a city’s 
Kneipen (the equivalent of 
“clubs”) stay open and the 
earlier you can breakfast, the 
more worldly the city is con- 
sidered to be. 

According to these crite- 
ria. Hamburg is as worldly 
as they come: The night 
blends into breakfast, which 
leads to the Fischmarkt (fish 
market) at around 5 A.M. 

The Fischmarkt is strate- 
gically located on the Elbe 
river, across the water from 
Hamburg’s harbor. West of 
the market is the source of 
its fish, the Altonaer Fis- 
chereihafen. Directly behind 
it is the Sl Pauli quarter and 
its main drag, the Reeper- 
bahn, until recently the ex- 
clusive preserve of pleasure- 
deprived sailors and thrill- 
seeking tourists. 

Breakfast at the market 
The market is a good van- 
tage point from which to 
take in the dawn parade of 
stately ships making their 
way to the North Sea, 
around 100 kilometers 
away. 

After a leisurely breakfast, 
it is time to head a few hun- 
dred meters to the east, to 
the array of ftituristic build- 
ings clustered between the 
Speicherstadt (islands lined 
with 19th-century brick and 
gabled warehouses) and 
Binnenalster lake. 

These buildings, owned 
by the Gruner & Jahr, 
Spiegel Verlag, Zurich In- 
surance and the city’s other 
media and financial giants. 


are at their best in the early 
morning, when the bustle of 
briskly striding commuters 
nicely counterpoints the ab- 
stract architecture of the 
buildings themselves. 

At 10 A.M. it is lime for 
the shopping arcades. The 
first. Alsterarkaden. was 
built in the 19th century and 
was patterned after those in 
Brussels. Paris and Milan. 
There are now a dozen of 
these attractive, high-priced 
inner-city malls, each more 
opulent than its predeces- 
sors. The most recent - and 
most extravagant - is the Al- 
sterpavilion. 

After lunch in one of the 
dozens of good restaurants 
in the lively Hanseviertel 
pedestrian zone - preferably 
on an outside terrace, if 
Hamburg’s notoriously un- 
reliable weather permits - it 
is time to explore the city's 
museums. Nearly all are lo- 
cated in Victorian buildings, 
some of which were origi- 
nally industrial facilities and 
warehouses, today magnifi- 
cently restored to house both 
permanent and visiting col- 
lections. 

Museum-hopping 
“Our guests tend to start 
their museum-hopping in 
the Hamburger Kunsthalfe." 
says Kathrin Barthold of 
Hamburg’s Hotel Steigen- 
berger, “before proceeding 
to the Museum fur Kunst 
und Gewerbe or to the Ernst 
Barlach house." 

After so much food, archi- 
tecture and culture, it is a 
good idea to take a late-af- 
temoon walk or go for a boat 
ride on the stately Alster, 
a 182-hectare (450-acre) 
lake that serves as Ham- 
burg’s focal point and the 
nexus for many of its most 
attractive neighborhoods, in- 
cluding Rotherbaum. Har- 



The Hotel Steigenberger in the dty center has a picturesque setting 

onacanaL 


vestehude and Winterhude. 

Featuring a “necklace” of 
ponds and streams, the city's 
downtown greenbeh stretch- 
es in a semicircle from the 
Landungsbrucken (best 
known as the cruise ship 
docking pier) on the Elbe. In 
the past, (here were fortified 
walls and moats here, and 
now the semicircle houses 
the city's trade-fair grounds 
and the Planten und Blomen 
botanical gardens before 
meeting the southern tip of 
the Alster. 

Another possibility is to 
head a few kilometers west 
and stroll along the north 
bank of the Elbe in the 
B Jan kenese neighborhood. 
One of Europe’s most ele- 
gant. exclusive communi- 
ties, Blankenese is beautiful- 
ly landscaped and has a 
Mediterranean look. 

“Taking a boat ride along 
the Fleete is becoming more 
and more popular,” says Ms. 
Barthold. She should know. 
The Hotel Steigenberger is 
situated on an “island” 
formed by these local ver- 
sions of Venice’s canals. 

An evening of high cul- 
ture can be spent at the 
Staatsoper, which is home to 
the city's opera ensemble 


and its ballet, headed by the 
widely acclaimed John 
Neumeier. The Musikhalle 
is a stronghold of classical 
music. 

Classical theater (in often 
very modernistic versions) is 
provided by the Deutsches 
Schauspielhaus, Hamburger 
Kamraerspiele and the 
Thalia Theater. The Thalia 
is generally considered the 
best “serious” avant-garde 
theater in Germany. The 
Kampnagelfabrik is a well 
known culture center. 

Between the last curtain 
calls and the arrival of the 
first loads of fresh fish at the 
Fischmarkt is the time to 
spend a few hours in Ham- 
burg's neighborhood clubs, 
whether the neighborhood is 
the young and professional 
Eppendorf, the recently gen- 
trified. film-loving Altona or 
the Schanzenviertel. a meet- 
ing place for students and 
free spirits. An important 
update: “No one ever 
thought it would happen, but 
the Reeperbahn and such 
clubs as Docks, the Mojo 
Club and the Grosse Freiheit 
are where the ‘scene’ now 
congregates," says Til man 
Westecker, Hamburg-based 
TV producer. 


‘•Hamk'ri:” 

wtis produced in ins entirely by the Adrertisin y Department of the IntcmoiHWal Hertihl Tribune. It nvs sjumsored by HWF Hmnburyisiiic 
Gesdlsrhafifiir Wirtschqfisfurdening mhH. Hamburg Messe unit Conynss GmbH. Hold Strifatbeiyer Hamburg ,uut the display advertiser. 
Wrtter: Terry Swartzbery. who is basetl hi Mtmidi. Prouium Director: Bill Mahder. 





Page 18 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 



The View From Anne Boleyn’s Window 9 Including the Bad Bounties 

x>.. t tt been eood. Must have been before he put than the others, and he had learned how to bled on have been held onlv 108 times. halls and basketballs in the days before player wouldn * U P *”^ 1 , . 


By Ian Thomsen 

International Herald Trtixmc 

LONDON — I must admit to wo ^ 
that the game might be stuffy and se 
defeating. 

“ Imagin g this is a church wall in a 
French or English medieval town," said 
the organizer, Richard Adams, pointing to 
the indoor court below. 

It’s easy to imagine. Two men, dressed 
in modem whites, are playing real tennis in 
the same medieval courtyard. Of course its 
main features — the slanting roof, the 
jutting of walls — have been draped and 
plastered over. It is a tennis court with 
nooks and crannies and a net drooping to 
the specifications of the net hung inexactly 
across someone's lawn seven cen tunes ago. 

Surrounding the court are several win- 
dows covered with netting, and points are 
awarded for hitting into some of them. In 
the comer, behind the left shoulder of the 
receiving player, is another such window, 
known as the grille. 

“Before she got her head taken off, old 
Anne Boleyn used to peek out through that 
window to watch Henry VIII playing.” 
Adams said. “He was supposed to have 


been good. Must have been before he put 
on the weight." 

There were more than 700 real tennis 
courts in France before the revolution 
brought most of them down. Only three 
have survived, with 35 more in play around 
the world, most of them in Britain, and all 
with the windows and artificial roofs built 
in. The high walls of this one, at The 
Queen’s Club, are painted black, absorb- 
ing the lighting overhead and bringing out 
the shadows properly as a field of 24 men 
play for the British Open championship, 
part of the “grand slam” of real tennis. The 
tournament, surprisingly, is only 17 years 
old. Anne Boleyn’ s window has been cov- 
ered by a blue wooden board advertising 
British Land, the sponsor. 

The winner will earn £2,000 ($3,150). 
“You need to be able to live on the poverty 
line," said the No. 1 seed, Robert Fahey, a 
26-year-old Australian who won the world 
championship in an upset. 

As previous world champion, the 39- 
y ear-old Australian Wayne Davies had 
earned the right to invite challengers to bis 
club in New York, where he is the head 
professional. His court is slightly larger 


than the others, and he had learned how to 
spin the ball off of its walls. No one in 
seven years had been able to relieve him of 
the world championship when Fahey be- 
gan training last spring to do just that. 

“He plays a lawn tennis style game, 
which we both play." Fahey said. “When I 


bled on have been held only 108 times. 

“The ball's probably quite s imilar to the 
one they used to use; not quite as heavy 
and a little bit bigger maybe,” Fahey went 
on. “The racket hasn’t change d. It’s one of 
the only games where it’s easy to compare 
the old champions with the new ones.” 


‘Before she got her head taken off, old Anne Boleyn used to 
peek out through that window to watch Henry YHI playing . 1 
Richard Adams, tournament organizer. 


started playing, he was the best, so I tried 
to play the way he did.” 

By ‘lawn tennis style” he meant a more 
powerful game, as opposed to the tradi- 
tional style of placement and backsp in- 
Fahey became the youngest world champi- 
on in history, which means something in 
this sport. “This is the oldest world cham- 
pionship of any sport ongoing," he said. 
“The world title has been son of continu- 
ous for something like 500 years " 

The lawn tennis championships at W2m- 


hflHc and basketballs in the days before 
television came along and rained every- 
thing. The small head of the racket is 
lopsided, too, shaped like a hand, suppos- 
edly, but more resembling a teardrop. 
Leaned up simply against a wall, the racket 
has the personality of the chair in Van 
Gogh’s bedroom. More powerful graphite 
rackets have been outlawed for fear they 
would change the game. 

It aH fits together wonderfully. If Wim- 
bledon is becoming less of a joy and more 


of a habit — 
contested by two 


;rr _„ staccato points 
‘-important players — 


As the royal tennis professional at Ho- 
bart Tennis Club in Australia — it’s 
known as royal tennis there and as court 
fannis in the United States — Fahey con- 
structs 200 balls per month by hand Each 
one takes a half-hour and can last for two 
years, though its yellow-felt cover is usual- 
ly replaced weekly. It’s solid and smaller 
than the ones at Wimbledon, and it 
bounces tike a tennis ball that has been 
played in the rain for a few weeks. 

It’s also slightly lopsided like the soccer 


then >hi* is the real game; as real as the 
everyday job of a da p tin g oneself to a new 
house. The reality is that bad bounces 
happen all the time. The skill is to pounce 
on them, perhaps even to enjoy them. 
There are no McEnroes here — two out- 
bursts of swearing or ball/ racket throwing 
and you’re out. The marker, or umpire, is 
always a fellow player. 

As only 38 courts remain in play, with 
new ones running in the neighborhood of 
5750,000, it still seems the domain of the 
rich. For serial purposes, a prospective 


olaver wouldn't take up real tennis unless 
Se^felt comfortable mixing with^that 
crowd Adams, who is a strategic accoim- 
tan t for Microsoft, and his friend Julie 
Russeti-Carter, a marketing executive for a 
dental group, fulfilled a dream of playing 
on every court in the world over 3* last 
year and found there are all types of fool- 
ishness. 

Old rich or new rich — who’s the bigggr 
snob? The 20 -sornethmg millionaire m all- 
whites who thinks he’s god’s gift because 
the public's been sold on lawn tennis. Or 
his peer in all-whites who can't earn more 
than $3,000 this week for hitting a ball 
thro ug h Anne Boleyn’s window? 

“It’s the old rich in America," Adams 
said with a roll of the eyes. 

“It’s the Racquet Club in New York,” 
Russeti-Carter added “They don’t allow 
women there. They don’t even smile about 
it. You’d think people would at least make 
some land of joke about it, or tell you 
they’re uncomfortable about the rule. But 
they put you in a small room and say you 
can wait in there' ” 

There vou have it. 


Skiers’ Coldness 
To Waiver Melts 


By Ken Shulman 

Special to the Herald Tribune 

FLORENCE — It is not un- 
like the waiver primed on the 
back of eveiy lift ticket, and the 
message is equally clear; You 
ski at your own risk. 

As unusually temperate Eu- 
ropean weather wiped out the 
first two races of the men’s 
World Cup season, a new waiv- 
er promoted by race organizers, 
and summarily submitted to 
both male and female athletes 
for approval, has set the ski 
world simmering. 

The waiver, known on the 
circuit as the “athlete’s declara- 
tion.” was born in Rio de Janei- 
ro at the annual June congress 
of the International Sid Federa- 
tion, or FIS. In a wide-ranging 
revision of its existing regula- 
tions. the federation decided 
that only athletes in possession 
of a valid FIS license could 
compete on the World Cup cir- 
cuit 

And there was the rub. Be- 
cause, as stated dearly in article 
206-2 of the new FIS regulation. 
“The FIS license will be issued 
exclusively to those athletes 
who have personally signed the 
request form and die athlete's 
declaration.” 

Either sign or stay away, the 
athletes have been told. And 
after an initial brave resistance, 
it appears that the skiers’ re- 
solve is beginning to melt. 

The impetus for the risk 
waiver was generated by the 
World Cup resorts that host the 
various events. These organiz- 
ers were concerned about their 
liability in the case of the injury 
or death of one of the competi- 
tors. 

Last January, the Austrian 
skiier Ulrike Maier was killed 
during a downhill race in Gar- 
mi sc h, Germany. An initial 
analysis of the film of the acci- 


dent seemed to indicate that 
Maier had hit her head on a 
wooden post protecting an elec- 
tric timin g device that organiz- 
ers had placed beside the 
course. Hubert Schweighofer, 
Maier’s companion and the fa- 
ther of the couple's daughter, 
sued the Garmisch resort for 
negligence. 

In October, a Munich court 
dismissed Schweighofer’s suit, 
on the ground that the court 
had not discovered any negli- 
gence on the part of the Gar- 
miscb resort. The Munich mag- 
istrate, Rudiger HodL added 
that Maier had not hit her head 
on the timing post, but rather 
on a pile of snow on the border 
of the race course. Schweigh- 
ofer, calling the ruling “incom- 
prehensible and scandalous.” 
said he would appeal the deci- 
sion. 

The new FIS regulation was 
ratified in October by all of the 
national ski federations except 
Italy’s, translated into the vari- 
ous national languages and sub- 
mitted to the athletes for signa- 
ture. 

The mandatory risk waiver 
sent out shock waves among the 
athletes on the World Cup cir- 
cuit. Alberto Tomba. the Icalian 
slalom star and Lhree-tinie 
Olympic gold medalist, was one 
of Che first skiers to voice his 
reservations, along with a team- 
mate, Peter Runggaldier. Swe- 
den’s Pemitia Wiberg, runner- 
up in last year’s women’s World 
Cup standings and a gold medal 
winner in die combined event at 
Lfllehanv-ner, called the mea- 
sure “blackmail,” but said she 
would sign the document. 

Several athletes and federa- 
tion officials protested the tim- 
ing of the measure, arguing they 
had not been allowed enough 
time to read and discuss the 
document. The Swedish federa- 



W ARMING UP — The French-bred Hernando, entered in Sunday's $4 million 
Japan Cup, being taken for a gallop Thursday by Cash Asmussen. The odds-on 
favorites are expected to be France’s Apple Tree and the Brazilian-bred Sandpit 


lion’s president Johan Sagner, 
has said that he will ask for an 
extension in order to allow fed- 
eration lawyers to analyze the 
regulation and explain it to 
Swedish athletes. 

The German skier Tobias 
Baraessoi complained to re- 
porters that “tbe FIS had an 
entire year to draw up this pa- 
per, and we are meant to sign 
within 10 days.” 

“That’s an injustice,” he said. 

The lone dissenter among in- 
ternational federations, the 
Italian ski federation, issued an 
official declaration on Tuesday 
stating that it would submit the 
athlete's declaration to its ski- 
ers, and announced that it 


would unilaterally bolster the 
safety of Italian World Cup ski- 
ers with broader insurance cov- 
erage. 

“Unable to reopen an issue 
that had been ratified unani- 
mously by all the other federa- 
tions," wrote its president Car- 
lo Valentino, "the Italian 
federation has concentrated on 
reinforcing the safety of its own 
athletes.” 

The ski federation's general 
secretary, Gianfranco Kaspar, 
agrees that much of the contro- 
versy surrounding the release 
waiver is a result of the undue 
haste with which it has been 
submitted to the skiers. 

“It’s where skiers have been 
presented with a text, some- 


times in a foreign language, that 
we’ve had problems.” he told 
The Associated Press. “I’m con- 
vinced it’s because they haven't 
understood the text.” 

Kaspar also claims that the 
new regulation does not absolve 
race organizers of responsibility 
for accidents and fatalities that 
are a result of negligence. 

“Judges still have the right to 
intervene and order an investi- 
gation if there is a suspicion of 
negligence," he said. 

But as the women prepared 
to open their season Saturday in 
Park City, Utah, with a slalom 
followed by a giant slalom, the 
suspicions of the skiers had still 
to be laid to rest. 


SCOREBOARD 



NBA Standings 


‘ EASTERN CONFERENCE 
Atlantic Drrtstao 

W L Pd 

GB 

Orlando 

7 

2 

sn 

— 

New York 

6 

3 

M7 

1 

Boston 

5 

S 

SK 

r- 

Washington 

A 

4 

JSD 


Mew Jersey 

5 

7 

ATT 

3““ 

Philadelphia 

3 

7 

J00 

4 ; : 

Miami 

2 7 

Central Division 

222 

5 

Indiana 

5 

2 

J25 

— 

Detraft 

6 

4 

M0 

— 

Milwaukee 

5 

4 

356 

‘ ; 

Chicago 

A 

5 

345 

w 

Cleveland 

5 

5 

5M 

1 

Chartcrte 

4 

A 

XXI 

r 

Aftonta 

4 

7 

Mt 

r-o 


WESTERN CONFERENCE 


MWwes DWtatoR 



W L 

pet 

GB 

Houston 

9 2 

.8ie 



Denver 

6 5 

367 

2 

San Antonio 

5 4 

354 

3 

Utah 

A 5 

345 

3 

Dallas 

4 4 

300 

J-r 

Minnesota 

1 10 £91 

PodflcDivtaioa 

5 

Golden State 

7 2 

778 

— 

Phoenix 

7 3 

TOO 


Pori tend 

5 4 

55c. 

2 

LA Lakers 

£ £ 

-5X 

2'-: 

Seattle 

5 £ 

3X 

2*7 

Sacramento 

4 4 

.5CC 

2; 

LA Clippers 

3 IT 

JXO 

S 

WEDNESDAY'S GAMES 


Charlotte 

27 

23 12 

29—91 

Boston 

32 

33 22 

12— 7S 


C:WlBum.ngT6-»«36.C-jrrv5.:rM 16: B l 
Radio H7 7-8 ZL Snwr. erU 10-11 24. Re- 
bMMrfs— < ChartrtteSJ (Mooring ITT. 3csran AJ 
IFo* 11). AsPsts-Cnurtatte 31 iBegues 51, 
Boston 27 (Brows, wester ov 
Houston I B 3 34- W 

Oriflttto 2S » 25 34-117 

H: Olcitnon 1G-E 7-7 21. El* 4.? 3-2 !i; O’ 
O'Neal 1>1? *-* 30. An-ersor. t-',6 21. 

Hordowov 11-3 ». Redound*— Houston *6 

(Thorpe. Mailmen 19). Orlando 56 (Grcnt 52 ■. 
Assists— Houston 18 (Ceased si. Ortaneo 27 
(Hardaway A). 

aeretand 25 25 U 22- 87 

Mlnml 26 31 34 19-M0 

C: Mills 7-1! 8-2 17. Price 7-15WT?;M: Rice 
12-23 1-3 X. Coles 9-1 6 1-1 19. Rebound*— Cleve- 
land » (will lams 101. Miami to i Aims m. 
Assists— Cleveland 17 (PHiIIs 51, Miami 16 
(Coles 701. 

MUwaukee 3 72 12 <1— ICS 

Detroit 24 » 33 35—113 

M: Baker 8-14 7-10 23, Cor. Ion 7-12 8-13 22 
Newman 10-120-024; D: Hill 5- 1310- 72 20. Mills 
8-12 6-8 24, Dumars 8-77 5-7 3 Rebounds— 
Milwaukee 55 iBoker 9 >, Detroit 53 iMiils mi. 
Assists— Milwaukee 22 (Murdcd 6). Detroit 
r iHiri 7i. 

Atlanta 26 A 34 23—89 

Minnesota 17 24 16 20-77 

A : Augmon 9-20 5-7 23. S -Smith 8-14 1 1-13 3: 
M: Rider 71-la 80 26. Marshall 6-20 2-4 15. 
Reboantts— Atlanta 49 (Lang. Lang?). Minne- 
sota 52 (Kins 14). Assists— Atlanta 17 (Blay- 
lock 71, Minnesota I? (Rider 8). 

Portland 23 24 20 24—185 

Son Antonio 26 21 St 32-110 

P: C. Robinson 8-191 1-15 30, J.RotxnnvB-122- 
2 19; 5: D.RMnson MS J8-223A, Refcf W 10-71 
I*. Rebounds— Portland 51 (Williams 181, San 
Antonio 5* tDJtobimon W. Assists— Portland 


19 (Oraxler 6), San Antonio 11 (D-RotrfRsen4>. 
Chicago 32 2* 38 27-111 

Denver 22 40 19 32-111 

C: Ptaaen 10-177-629. Armstrong 7-124-5 W; 
D: Rogers ts-rd «-» 7t. AtxM-ftovt 9-77 0-1 19. 
Rebounds— Chicago 42 i Blount. Faster, wen- 
runetonit. Denver 45 (Mutambo B). Assists— 
CMcago 15 (Armstrong S). Denver 1A (Pack 7). 
Seattle 9 V 27 30-101 

Utsfl 30 20 38 23 — 113 

S: Askew 7-11 3-417, MorcMianls 7-1 1 6-721 ; 
U: Homocek M-js *4 40. Malone 11-20 7-829. 
Rebounds— 5eattte 33 (Askew 61. .Utah 42 
(Malone 11). Assists— Seattle 24 (Payton 87. 
Utah 31 (Stockton w>. 

LA. Coopers 23 W 31 36-109 

Phoenix 36 25 46 33—140 

L: Murray 12-22 6-5 30. Secty 7-122-2 77,' P: 
Person 8-13 V2 19, Schaves 7-9 3-5 17. R«- 
boends— Los Angeles eo iMaaenboro 70), 
Phoenix 53 ISchaves 9). Assists— Las Angeles 
32 1 Richardson 8), Phoenix 39 (Atone 72). 
Dattaj 38 20 27 29—106 

LA. Lakers HUM 31—118 

□: Mashoum 1 1-24 6-9 29, Jocfcsen 9-17 9-12 
27: L- Cebaltas 9-18 A-11 24, Divoc 12-15 >3 27. 
Rebouads-Ocilas AS ( RJones 1A). Las Ange- 
les 45 (Cetnlias I). Assists— Dados 2A 
(RJones 7). Las Angeles 28 I Von Exei 8). 
New Jersey 25 22 27 29— MB 

Sco o men ta 29 21 25 23— 98 

N: Gilliam 9-11 6-6 24. Coleman 6-159-1321:5: 
Richmond 11-26 3-3 27. W.WBltans B-U 1-2 IS. 
Rebounds — New jersey SA (Coleman 12). Sac- 
ramento 53 (GaumeR ll).A«tttf Wewjer- 
sev2S (Anderson 8L 5ocrame nt o25 (Webb 7). 


Major College Scores 

TOURNAMENTS 
GREAT ALASKA SHOOTOUT 
Pint Round 

Brigham Young 40. Oklahoma St. 59 
Louisville 93. Jcckscn SL 64 

MAUI INVITATIONAL 
Championship 
Arcane St. 97. Mary fend 90 
Third Place 
Michigan 73. Utah o? 

Co ns ol ati on 
Tulone BA, Indiana AS 
Terns A AM 73. Cham. node 52 
PRESEASON NIT 
Semifinals 

New Mexico 31. 81, Memphis 78 
Chio U. 82. George Washington 76 



Champions’ League 


WEDNESDAY’S RESULTS 
GROUP A 

IFK Gonientaira l Manchester Uattoa l 
Scorers: IFK Gothenburg — Jesper Blonv 
ovisf (KWh minute). Mconus Erllnomark 
(65th |. Pontus Komar* (71st. penalty) Man- 
chester united — Mar* Hughes ffrttb). 
Gaiatasaray Z Barcelona 1 
Scorers: Galota&aray— Hak.anSukur foen- 
alty. 72d). ArH Erdem iSSttu; Barcelona — 
Romano (liitii. 

GROUP B 

Bavern Munich 0, Pans SL Garnotn I 
Scorer: George wean iBIsti 
Snartak Moscow L Dynamo Kiev 9 
Scorer: Mukslm Mukhamodlvev (520). 
GROUP C 

Benflco Z Hu Wok Split I 
Scorers: Benttao — isaios Soares (33d). 
Joao Pinto ITitti); Hckfuk— Stleaan Anartto- 
sevlc (72d). 

stem Beetwest i, Andertedrt 7 


Scorers: Straw Bucharest — Anton Oobai 
(52d); AndartecM — Johnny Busman (43d). 
GROUP D 

AC MItoa a Ajax Amsterdam I 
Scorers: JorlUtmanenf2d), Franco Bores! 
(Asm. awn peat) 

AEK Athens 1, Casino Satzbvrg 3 
Scorers: AEK — Mtchalis Vtoctias (39fli); 
Salzburg — Heimo PfeHenbarger (MIL 8th), 
Ralph Hasenhuttl (76th). 

ENGLISH PREMIER LEAGUE 
Leicester 2. Arsenal 1 
Tottenham a Cheiseo 0 
Standings: Manchester tinned 34 paints. 
Btadd>ira3X Newcastle 33, LJvrnmoi 29, Not- 
tingham Forest 28. Clteisea 24, Leeds 24. Man- 
chester city 22. Norwich 2L Southampton 20. 
Arsenal 19. Crystal Palace 19, Coventry 19, 
Tattataam 18. Wimbledon n. Sheffield 
Wedne s day 17, West Ham 17, Queens Park 
Rangers 14 Aston Villa 13, Leicester 12, Ever- 
tan ll, Ipswich 10. 

PA CUP 

First Round replay 
Torquay 1, Ki d der m i ns ter 0 


.■jv.ej.v-; 

ftnueti’ 


4 1 


BASEBALL 
American League 

BALTIMORE— Homed Butch Davis coach 
at RoOrester, IL; Gena Petralli manager and 
Jesus Alfaro coaOi at Smsata. GCL Aa reed 
to lenn i with Frank Semlnora. ditcher- ml- 
nor le cBue con tro d . 

CLEVELAND— Agreed to terms with Jose 
Mesa, ptfeher, an 7-yew contract. 

SEATTLE— Named Steve Smith manager. 
J«ff Andrews pUChbig coach and Ken GriNCy 
Sr. hitting coach of Tacoma. PCL. 

TEXAS— Named Sieve LuetCer mtnor- 
teosue Pitching coordinator. 

NattoMl Leogee 

CHICAG O— Notrwd Bruce Klmtti m anager of . 
OrkmdaSL; Onen FMto manager oi Williams- 
port. my-PV; Richie Zlsk hitting Instructor clj 
Davtona, FSl; Steve R u ad u oa manager oqjF' 
Alan Dunn pitching coach oi Roct dor d, MWL. 

PITTSBURGH— Named Trent Jewett man- 
ager, Dove Ratal ch pitching coach and Dan 
Werner hitting coach ct Carolina SL; Soil 
Lillie manager at Erie. NY-PL 

ST. LOUIS— Named Jerry Walker director 

of malar league plover oersemeL 

BASKETBALL 

Maffoaaf Basketball AnodcH on 

MINNESOTA— Waived Askta Jones, guard. 
Signed Pat Durham, guard. 

FOOTBALL 

HaUtna) Faflrtmii f rueur 

DENVER — Placed Keith Kam. center, or 
Injured reserve. 

NEW ENGLAND— Released Blair Thomas, 
running baek,ond Ronnie HarrlAwide receiv- 
er. Signed Bruce walker, defensive tacklt 
Signed James Gregory, nose tackle, to the 
pfoetkx yfuod. 

NEW ORLEANS— Claimed Vtanle Clark, 
cornertw*, oft waivers from Aftonta Cut 
Israel Byrd, comertacfc- 

SAN FRANCISCO— Signed Tim Harris, de- 
fensive end. 

SEATTLE— Signed Terry Taylor, comer- 
back. 

COLLEGE 

BUCXNELL— Fired Lou Maranrona. foot- 
ball coach. 

BUFFALO— Rrtd JUT! Word, football 
coach. 

IOWA STATE— Nomea Don McCamcy 
football cuoch. 

PURDUE— Signed Jim Colletta, football 
cooch. to 2- year contract extension. 


DENNIS THE MEN ACE 


PEANUTS 


CALVIN AND HOBBES 



unmubiimttfJiaMM. 
pm urn a tadt nan. *1 tan 


I BLEEL 


TTT 

tn 




1 LANVA 

f 

U-L 

to 


THINCS 


ttt: 

tn 



WHKT THE COPS 
flOhWPSaS? TH5 
STPONG-ARH Rcee&z 


E v '] I “I NBh BOngi »• N*«* “ 

.11 I J 

Pont answer hum: A f j j J OP LXXXJU 


JuMO—g MW ra»C MTM0M HWO>ER 
v— * on whee l* 

■MRf-AHOTIW 


For investment 
information 

Read 

the MONEY REPORT 
every Saturday 
in the IHT 


BEFORE WE CAN 

FW All pilots 

HAVE TO BE 
EXAMINEPBV 
THE FLIGHT 
. 5UR6E0N.. 



rt-zs- 






GARFIELD 


DOONESBURY 


O-Xcrms FULLQF 



IfJHPj YOUHAVETOREW&Vm. 
/9THAm&00&t£FB& 
AFTER THE 6AMB 
UfinaN-ANPSOEGOFTHeM 
uu 5KPArmnffifivesr/Tf 


my ear... neither! 

IDONrr JUDGE IX) 
BEUEve SPECmCPUY 
rr.. BMNBOTHEA1T 



CAN v€ 8URH 


TUBE LEWES * faf 



but wow can we 

THE Ml 5WTN 
SNDH Dtf-KtiS IF 
'c£ WKT 
AMT LEWIES 9 .' 
Vita HAVE A 
NAfcM WltlTEE. .' 




tuts 


I tONT KNOW WHETMEP. 

GRAS? OF THEftLOiT 
OR MUEORODal IS 
THE MORE AfFKLItte 



I QJB» IU. 

U-3ur SbWE CWiOLES 
>ftwt*c THE 
wo e&> pai Mosof 


4- 



WIZARD oflD 


aiCTj. 1 — »■ 'Ca f 


n 



*“ “ “ - ' 


rw&s J 


THE FAR SIDE 


BLONDDE 



HOW WAS YOUR 
THANKSGIVING DAY. 
MR 0EASLGY? 



great; r put this new 
SHOULOER strap on 
W MAILBAG... J2/ 

'.^51 



AND AFTER A NICE LONS ) I 
;b mv N 


WALK I WENT OVER MY 
ENTIRE STAMP COLLECTION 


"OK. that's pretty good! Now! 1 want everyone 
on This side ol the aisle to come in rubbing 
their tegs together when 1 signal! ... And 
let's show the other side how it's done* ' 


PEOPLE NEED A CAW LIKE ; 

|that to get away 

PROA TUBE WORK 



rr*" ^ r-j T"- ,lwag =f^| 

I \} L f > jll lj* \&£> f; 







Ml u- l£s> 


vry ; ' 




iy H 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


Page 19 


13 

w$ 

0( *L 





Lions Make Bills Look Like Turkeys 


The Associated Press 

PONTIAC, Michigan — 
Dave Krieg passed for 351 
yards and three touchdowns 
Thursday while the Detroit Li- 
ons' defense harrassed Jim Kel- 
ly with three sacks and two in- 
terceptions in a 35-21 victory 
over the Buffalo Bills in a Na- 
tional Football League game. 

The loss left the Bills (6-6) at 
.500 deeper into the season than 
at any time since 1986, the last 
time they failed to qualify for 
the playoffs. 

It is a situation the Bills clear- 


ly aren’t used to. Usually at this 
point in the season the Bills, 
who have played in. and lost 
the last four Super Bowls, are 
concerned with wrapping up 
home-field advantage for the 
playoffs. 

They might still qualify for 
the AFC playoffs as a wild card, 
but the cnances of catching the 
Miami Dolphins and winning 
the AFC East now seem re- 
mote. 

The Lions (6-6). who remain 
alive for a wild card spot in the 
NFC playoffs, needed only two 


plays on two of their four 
touchdown drives. 

Kelvin Pritchett, who had 
only two sacks all season, re- 
corded all three hits on Kelly. 
Kelly completed 29 of 35 passes 
for 273 yards, with a 20-yard 
TD throw to Russell Copeland 
and a 27-yard scoring pass to 
Pete Metzelaars. 

But the plays that hurt the 
Bills most were two fourth- 
quarter interceptions by De- 
troit safety Willie Cay, each 
just as Buffalo looked like it 
might make a comeback. 


Juventus Beats Admira, 3-1, in UEFA Cup 


■. — yy-V.y - 

• . • , /•. - y 




- i 

■ • ; ' V. . * • V'. 

. ** 
£ - 


** « Gcorpqj. SdinC-Jcr/AgcnM- Fraoor-PT&^c 

Roberto Baggio dodged Admira W acker defender Helmut Graf for the first of his two goals, giving Juventus a 2-0 lead. 


Compiled by Oar Staff Firm Dispatches 

VIENNA — Juventus of Tu- 
rin beat Admira Wacker. 3-1, 
on Thursday in a first leg-match 
of the UEFA Cup’s third 
round. The result almost en- 
sured the Italian team's ad- 
vance into the quarterfinals. 

Midfielder .Antonio Conte 
put Juventus ahead in the ninth 
minute after Admira's goal- 
keeper, Wolfgang Knaller, 
failed to handle the ball. 

Theo it was the turn of Ju- 
venilis’ star, Roberto Baggio, 
who pushed the bail through 
defender Helmut Grafs legs to 


make it 2-0 in the 16tfa minute. 
Baggio got his second goal, in 
the 42d minute, after Knaller 
dived to stop a shot by Baggio. 
But as the ball squirmed away, 
Baggio pounced to tap it into 
the net. Knaller protested in 
vain to the Scottish referee. Les- 
lie Mottram, that he had had 
the ball in his bands. 

Michael Binder scored for 
Admira on a header in the 56th 
minute. 

Napoli got away with just a 
1-0 defeat at Eintracht Frank- 
furt despite being reduced to 10 
men for the second half when 


defender Fabio Cannavaro was 
given his second yellow card. 

Even then, the German club's 
goal came from a deflection off 
Italian defender Rena to Buso 
in the 54th minute. 

Nantes, the French first divi- 
sion leader, crushed the visiting 
Swiss team Sion, 4-0. as Patrice 
Loko scored in the 15th min ute 
and Jean-Michel Fern in the 33d. 

Goals by Japhet N'Doram in 
the 51st minute and Claude 
Makelete in 78th gave Nantes 
what is likely an unbeatable 
edge when the teams play again 
in two weeks. (AP, Reuters) 


After the first interception, 
Krieg went 6-of-6 for 93 yards, 
the last play a 12-yard TD pass 
to Brett Perriman that put the 
Lions ahead. 28-14. 

The Bills answered with a 73- 
yard, eight-play drive, Kelly 
scrambling in from 15 yards 
with 4:04 remaining to narrow 
the gap to seven points again. 

Then, on the second snap of 
Buffalo’s next possession, Clay 
stepped in front of Thurman 
Thomas, picked off an underth- 
rown ball and ran 28 yards un- 
touched for the clinc hing touch- 
down. 

It was the third start for the 
veteran Krieg, forced to take 
over after Scott Mitchell broke 
his right wrist against Green 
Bay. 

The Lions ran a flea-flicker 
on the second snap of the game 
and it worked for a 51-yard 
touchdown. Krieg handed off 
to Barry Sanders to start the 
play. He Dipped the ban back to 
Krieg, who found Herman 
Moore wide open behind Henry 
Jones. 

Sanders, who rushed 19 times 
for 45 yards, had a 4-yard TD 
run fora 14-0 lead in the second 
quarter. 


*AT£ 


1 TM 


Canadian Footbath A New Indignity? mh>A fJA Gives Beckenbauer a Quick Kick in the Response 


kepft 


By Anne.Swardson 

Washington Post Service 

TORONTO — Canadians 
have feared for years that their 
nation was being stolen by their 
neighbor to the south. Then- 
movie stars leave for Holly- 
wood, their tourists for Florida. 

And an expansion team from 
Baltimore, a team less than a 
year old and with no name, may 
well win the 85-year-old Grey 
Cup, the emblem erf the proud 
game of C anadian football. 

This is only the second sea- 
son in which American fran- 
chises have been allowed In the 
Canadian Football League. So 
when a 14-12 playoff victory 
over the Winnipeg Blue Bomb- 
ers last Sunday sent B altimo re 
to the championship game 
qgainst the British Columbia 
vJons this Sunday in Vancou- 
ver, Canadians were quick to 
worry that they were losing yet 
another national tradition. 

“Since the Yanks have taken 
over much in this country dial’s 
worth taking, why should the 
CFL not go along with the 
trend?" a columnist, Jim Hunt, 
wrote in Monday’s editions of 
the Toronto Sun. 

Las Vegas and Shreveport, 
Louisiana, also have first- time 
CFL franchises this season. 
Last year, Sacramento, Califor- 
nia, became t he fi rst American 
home for a CFL team. This 
week, a new expansion fran- 
chise will be awarded to Mem- 
phis, Tennessee. San Antonio, 
Texas; Birmingham, Alabama; 
Milwaukee; Hartford, Con- 
necticut, and Long Island, New 
York, have been mentioned as 
possible sites for another. That 
would bring the total number of 
teams in the CFL to 14, eight of 
them Canadian and six Ameri- 
can. 

The southern migration of 
Canadian football mirrors the 
gradual transformation of the 
National Hockey League from 
a Canadian institution to a pre- 
dominantly American phenom- 
enon and raises fears that the 
one sport Canada had left to 
itself is being sucked away. 


“The league is in grave dan- 
ger of losing its Cana dian iden- 
tity,” editorialized the Toronto 
Star when the Las Vegas fran- 
chise was announced. “There is 
the very real prospect of a Grey 
Cup game patting, say, Sacra- 
mento against Nashville. The 
tradition of an all-Canadian 
Grey Cup that knits East and 
West together for one day a 
year will be lost" 

According to the CFL com- 
missioner, Larry Smith, south- 
ern expansion was not a choice 
but a necessity. Attendance at 
games has been declining 
steadily for several years, as has 
television viewership. Small er- 
market teams such as the Otta- 
wa Rough Riders and the Ham- 
ilton Tiger-Cats live hand-to- 
mouth. 

“We had two options: Stay as 
a league north of the border and 
skimp along; or get into bigger 
markets and grow our busi- 
ness,” Smith said. He added 
that he would like to see the 
CFL expand to 24 teams, and 
he is currently negotiating with 
10 interested UJS. cities. 

Smith did not put it this way, 
bat the implication for Canadi- 
an football is the same as for 
other entities perceived as en- 
dangered in Canada; If Canadi- 
ans want to keep them, they 
should buy more of them. 

“People in C-anad ** have had . 
a long time to enjoy football, 
and the reason we’ve had to 
expand to the UJS. is because of 
mediocre acceptance.” said 


Dan Ferrone, president of the 
Canadian Football League 
Players Association, which en- 
dorses the expansion. 

Winnipeg fans at last Sun- 
day’s game, played in below- 
freezing temperatures with 
winds blowing at 35 miles (55 
kilometers) an hour, indicated 
displeasure with the American 
incursion. A banner hang ing at 
the game said, “No Grey in the 
U-S-A.,” and two fans held the 
Stars and Stripes upside down 
— in a reference to the 1992 
World Series, between Toronto 
and Atlanta, when Marines on 
parade inadvertently upended 
Canada's maple leaf Dag. 

Although the game is similar 
to American football, there are 
some key differences. Each 
team uses 1 2 players rather than 
11, and the field is 110 yards 
long and 65 yards wide. Three 
downs are played rather than 
four. The game is faster-paced, 
and, especially because the end 
zone is’ deeper, there is more 
passing. The Bomber* lost Sun- 
day's game, for instance, partly 
because a pass from the quar- 
terback. Matt Dunigan, to the 
slotback, Gerald Wilcox, in the 
end zone was deflected when it 
hit the crossbar. 

Canadian fans complain that 
Baltimore’s inaugural season 
has been so sensational because 
the team is not covered by the 
same rules as those governing 
Canadian-based franchises. 
Like Canadian radio and televi- 
sion stations, Canadian football 


must meet Canadian-content 
quotas. None of tbe four Amer- 
ican teams has any Canad ian 
players, while all eight of the 
Canadian franchises must limit 
American participation to 17 
players out of a 37-man roster. 

Baltimore aficionados point 
out. however, that the other 
U.S. franchises have been strug- 
gling this season, and that their 
success comes because manage- 
ment selected seasoned CFL 
veterans as players along with 
some rookies, and chose as 
coach a six-time Grey Cup win- 
ner, Don Matthews — an 
American. 

The team has been received 
enthusiastically in Baltimore, 
where attendance at Memorial 
Stadium routinely has been av- 
eraging more than 35,000 — al- 
most twice as much as such 
straggling CFL teams as the 
Toronto .Argonauts and the 
Hamilton Tiger-Cats. Tnis is 
despite die fact that the Balti- 
more team is nameless. 

Owner Jim Speros is still le- 
gally prevented from using the 
name he wants, the Baltimore 
CFL Colts. Fans who have not 
forgotten the dark day in 1984 
when the National Football 
League Colts were spirited 
away to Indianapolis still chant 
C-O-L-T-S at games, however, 
and the players sport horse 
heads on their helmets and uni- 
forms. Canadian sportswriters 
have taken to calling the team 
The Horse With No Name. 


Author Fay Vincent Puts Down His Pen 


Sew York Times Service 

NEW YORK — Fay Vincent, the former 
commissioner of major league baseball, says 
he has decided not to complete the book he 
and a collaborator have been writing. 

“I’ve decided that it’s probably best for 
baseball and for me that f keep my counsel 
about the past,” Vincent said Wednesday by 
telephone. “Baseball has enough trouble. I 
don’t need any more controversy in my life.” 

Vincent, who had been writing the book for 


CROSSWORD 


Little Brown, which was paying a $300,000 
advance, said he had completed about two- 
thirds of what he had planned to write. 

When a proposal for the project became 
public, it caught the attention of some people 
who were not flattered by the proposal’s char- 
acterization of them. Bud. Selig. the acting 
commissioner, and Jerry Remsdorf of the 
Chicago White Sox were among that group. 
They led the move to oust Vincent, who 
resigned as co mmissi oner on Sept. 7, 1992. 


ACROSS 

i Coming down 

lightly 

•Sparkle 


is Feeler 
1 ® ‘Tinker, Tailor. 
Soldier. Spy' 
author 

17 Cavalry mount 



is Ready for 
romance 
« Tima with 
monsieur 
ao Baker's meas. 

32 Silent screen's 

Nits 

23 Cliff dweller 

24 Paris's darling 
as Coasted 

27 Oddity 
38 Usurper in ‘The 
Castle of 
Otranto' 

30 Summer in Haiti 

31 Modem 
Abyssinia 

33 Was a 
stockbroker 

35 Just fine, thank 
you 

37 Midnight rider 

40 Air 

44 Ex of OT Blue 
Eyes 

4sConcert 

conclusions 

47 Lip 

48 Cheesy 
sandwich 

so Rani's garments 
54 Bobtail mouse 

52 Body -bull ding 

goal 

54 Thesis * 
beginning 

53 More pure 
so Easy 

5® Hoop 
bo Credit 

®i Downtoa 

(exact) 

■a Outstanding 
®a Film and TV trio 


i Jungle slasher 
a Come into 
s Not fickle 


« Neighbor of 
V6nus 

5 “Splendor In the 
Grass' 
screenwriter 

6 Capt. ‘sheading 

7 Fragrant 
blossom 

a Pottery worker 
9 Apollo 1 1 ’S 
Eagle, e.g. 

10 "User friendly' 
feature 

11 Butts 

(Gogol's 
Cossack warrior) 

12 Sang merrily 

13 Learned 

i« Had an address 
21 Kind of nerve 
2« Comes about 
25 Bugs 

28 SJIverti eels's 
partner 

29 Evaporates 
32 Hard water? 

34 Hovercraft, for 

short 

3® Haunting 
quality? 

27 Dry ravines 

38 Conquest of 
5/29/53 

39 Window 
adornment 

41 Pressing work 

42 Calm 

•a Materializes 
4e Furniture mover 
4B Follow the 
majorettes 
si Olive-green 
songbird 

53 Actor ‘ 

Patrick Harris 
55 Cold in 
Tijuana 

5 ? Where Shaq 
attacks: Atibr. 
59 Get busy 



Pumle by DwW 8. Stsh 


©New York Times) Edited by WiU Shorts. 
Solution to Puzzle of Not. 24 


sBOfD HHciiaa anan 
ELUDE nmana asaa 
□□□□□□□nsaiiBQiiaa 

BHHsnHtnH aaana 

□ESHmo □□□aaaaa 
Hsnn anna ana 
□nasanaaaaaanna 
aaa amn aaaa 
□□□□sans annacia 
□aaa aaaa 
□□□□gj aaaanaaa 
□□□□aaaaaaaaana 
□□aa aaaaa aaaa 
soas aaaao aaaa 


The Associated Press 

NUREMBERG. Germany — FIFA's 
message to Franz Beckenbauer, who 
thinks some soccer rules are stupid: “Go 
play golf, breed horses. saO around the 
world, book a trip to the moon. But leave 
the rule book of our sport to us. 

“There are no stupid or (he ‘most 
stupid 1 rules as you staled so keenly. The 
really stupid are those who liv e fr om 
soccer and don't know the rules,” FIFA’s 
spokesman, Guido Tognoni, said in an 
open letter to Beckenbauer. 

The letter was published Thursday by 
the magazine Kicker and came in re- 


sponse to comments made by Becken- 
bauer last weekend. 

Beckenbauer, president of Bayern 
Munich, lost his temper when World 
Cap referee Hellmul Krug sent off Osei 
Kuffour, Bayern’s 18-year-old. inexperi- 
enced defender from Ghana, during a 2- 
2 draw with Karlsruhe. 

Kuffour, following treatment for an 
injury on the sidelines, had rushed back 
onto the pitch without the referee’s per- 
mission. 

Beckenbauer called the rule “the most 
stupid” in soccer. Bayern’s captain. 
Lothar Matthaus also flew into a rage 
and faces possible disciplinary action by 


the German federation for suggesting the 
referee had been bribed by Karlsruhe. 

“You don’t really mean to tell us and 
yoorself that different soccer rules 
should apply to you and Bayern than the 
rest of the world,” said Tognoni. 

He suggested that Beckenbauer should 
leave the job of Bayern chairman to 
someone else “since it doesn't seem to be 
good for you.” 

Beckenbauer, who became Bayern 
chair man last week, is one of the greatest 
stars of soccer. He was captain of the 
German team which won the World Cup 
title in 1974, and coached Germany to 
victory at the 1990 World Cup. 








Hill Wins First Matchup 
Against Robinson, 20-9 


77ie Associated Press 


No one was 


putting 

between 


the na- 




‘.'ft-, m 




Dtuiif Bu.-leson.Ttac AunciulaJ Press 


Grant HiB (left) and Glenn Robinson: The Pistons also won. 


nTTz-rn-^ 


2 NHL Stars Sign to Play in Russia 

TORONTO (AP) — Two of the National Hockey League's 
Russian stars, Pavel Bure of the Vancouver Canucks and Alexan- 
der Mogilny of the Buffalo Sabres, have decided to sign with 
Moscow Spartak of the Russian League. 

Bure and Mogilny returned to Russia in early November to play 
with Russian NHL all-stars on a six-game charity tour and have 
decided to stay in Russia for the duration of the NHL lockout 

Also playing for Spartak are Nikolai Borschevsky of the Toron- 
to Maple Leafs, Vitali Prokhorov of the Sl Louis Blues and 
Vyacheslav Fedosov, formerly of the New Jersey Devils. 

Holyfield Geared to Fight Again 

ROCHESTER, Minnesota (AP) — Evander Holyfield, the 
heavyweight diagnosed as having a heart condition after his loss of 
the WBA and IBF titles to Michael Moorcr last April has received 
medical clearance from the Mayo Clinic to fight agai n . 

Mike O’Hara, a hospital spokesman, said Holyfield is in “excel- 
lent health. We have put no restrictions on his activities.” O’Hara 
said the boxer underwent extensive tests over three days last week 
and this week. 

Holyfield was first diagnosed as having a “stiff heart,” a non- 
comp ii ant left ventricle that prevents sufficient oxygen from being 
pumped to muscles and tissues. Another doctor disgnosed the 
condition as sarcoidosis, which causes tbe growth of small, fibrous 
tumors in the tissues it attacks. 


Hill and Glenn Robinson up 
there with Bill Rut sell- Wilt 
Chamberlain or Magic Jofra- 
son-Larry Bird. 

Still, the two rookies had to 
start somewhere, and Hill pre- 
vailed when the two faced each 
other for the first time in the 
National Basketball Associa- 
tion. 

He outscored the draft’s top 
pick, 20-9, as the Detroit Pis- 
tons beat the Milwaukee Bucks. 
113-108, Wednesday night. 

“I think we were so con- 
cerned about stopping each 
other that we did just that.” Hill 
said. “Jt was the other guys on 
our team who stepped up and 
won this game.” 

With the two matched up on 
both ends or the court, Robin- 
son. the leading collegiate scor- 
er last season at Purdue, missed 
12 of 14 shots and had six turn- 
overs. 

“I knew they would press,” 
said Detroit’s coach, Don 
Chaney. “This was billed as the 
marquee matchup — the first 
time they butted beads in the 
NBA. That's too much pressure 
to put on any young player.” 

Detroit led by 14 points with 
4:18 to play, but committed six 
fouls in less than three minutes, 
allowing Milwaukee to pull 
within three in tbe final minute. 

But the Bucks failed to take 
advantage of a Detroit turnover 
with 45 seconds left, and Joe 
Dumars, who scored 23 points, 
sank four straight free throws to 
ensure victory. 

Jazz 113, Sonics 103: Jeff 
Homacek made an NBA record 
8-of-8 3-pointers and finished 


ESCORTS& GUIDES 


BELGRAVIA 

ORCHIDS 

LONDON PARS G&EVA ZUUQf 
Bead Agamy Croft Cnfc Waken* 

UK 071 589 5237 


MBrnnowuEsccms 

Serm - WoritMck 
Tit 212-765-7996 New Yert, ISA 
Atjfar Oedt Cent Adapted 


GENEVA -ZUfBCH 

AU1ANCE 

Escort Sews & Trend. Mttfri 
Dial Gem 012 / 311 07 


NATASHA MANN 

UMXMBCOttSBVICE 
071 352 1013 


LONDON'S NO.! ESCORT 

3 ShnnMhnw St lendei W1 
AGB4CYQ7T 258 0090 


QBSEA ESCORT SStVKL 
51 Bewluiu ftm. London SW1 
M 671-584 651 3 


INTERNATIONAL CLASSIFIED 


(Continued From Page 6) 


LOfOON BRAZILIAN Escort 

Serin D 7 T 724 5977/91 - era* enrtb 


M ZURICH WOUET 
Escort Serin. Craft cads accepted. 
Tefc(P7/fl83 31 


**HE6AMr ENCOUNTERS** 

New York Gty Escort Service 

Al Major Craft Cords 

W-one: 212maZ3 
MJN - JUUA ESCOtt SBTfKS 
CALL 66 f4 39 


••• CAPRICE OF FRANCE 
tOMXDWS ESCORT AGENCY * 
TBiPHONE : 0 7 1 -352-8340 

•PARIS 8 LONDON* 
•ELEGANCE* 

EkoH Serin Lontfar [71 1 394 5145 

MUNICH * WELCOME 
KORTAGUOEAG&ICY. 
PlEASEOU.OW -91 2314 


with a career-high 40 points as 
Utah, playing at home, beat Se- 
attle. 

Homacek made all three of 
his long-range shots in the first 
period, then did the same in the 
third quarter. He sank both in 
the final period to break tbe old 

NBA HIGHLIGHTS 

mark of 7-of-7 3-pointers set by 
Terry Porter in 1 992 and tied by 
Sara Perkins in 1993. 

Homacek’s 14 points in the 
third quarter, on 5-for-7 shoot- 
ing, boosted the Jazz to an 88- 
73 lead beading into the fourth. 
The Sonics closed to 94-84 with 
9: 10 left in the game, but Utah 
responded with a 19-8 spurt. 

Sons 140, Clippers 109: Host 
Phoenix became the first team 
in NBA history to have 10 play- 
ers in double figures, while win- 
less Los Angeles lost its 11th 
straight. 

Tbe Suns dressed only 10 
players for the game because of 
injuries to Kevin Johnson, 
Wayman Tisdale and Charles 
Barkley. But they surpassed the 
mark of nine double- figure 
scorers in a game by Philadel- 
phia in 1977 and 1984. 

Rookie Wesley Person scored 
19 points, Danny Schayes 17 
points, Danny Manning 15 and 
Danny Ainge 1 1 plus 12 assists. 

Magic 117, Rockets 94: In 
Orlando. Shaquille O’Neal 
scored 30 points and Anf ranee 
Hardaway had 29 plus nine re- 
bounds and a career-high seven 
steals as Houston was handed 
its second straight loss. 

Hakeem Olajuwoo led tbe 
Rockets with 27 points and 10 
rebounds. 


ZUKH - VtBMA - MONACO 
I AACTHY S7E Int T Esaxl/Trovd Service 
CAU SWITZERLAND 069-610 22 59. 




E 5 CQKT-AGENCY Paoriapt 
Viam 

TeL 0222/676 96 63 


Service. 67 OUtem Street, W1 
MOOT 4861 158/3724 a«& cart® 


l.vrltV .^7.1 


rice Croft Cant 
+ 0171-54W909 


TOKYO -TOP far TOR • W I L D • S W A N * ••• AMSTERDAM BUItHVLY EkM 

Hart grids agucyTtf 35 88 15 90 London Orwdaf Eeort Service Serria M ffl2M471570 

Tefechonei COT -603 - 8184 Gaft Conk Accepted 





• GENEVA I PAEiS* 
•••■GLAMOUItit® 

BA 50 . Escort ogency 022/346 00 89 


08 BNTAL E 5 G 0 ST SEKVKE 
LONDON 

WAff PHONE 071 225 3314 


TO OUR READERS IN HOLLAND 

It's never been easier to subscribe 
and save Just call today 
02503-24024 



inummTT 


Escort Service 
TefcOl 7 381 9948 

1OW0N * ExailSME ■ TABS 
, tst0rt K™ 2 s 

! _T*wetTefc tondM MD83153SK1 

"LONDON 

®SNCTON BCOfiT SBtYICE 

TELQ71 7920881 


Qrcy SfrtiiHlorhX 









Page 20 

OBSERVER 

Economic Slumberland 

By Russell Baker „ ‘SBftS'wSK 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, NOVEMBER 25, 1994 


Bun Chi: Bittersweet Hope of a Vietnamese Artist 


N EW YORK — Reading an 
article on popular music the 
other day, I was halfway through 
before realizing I was asleep. 

A pr imi tive conviction that 
anything can be learned if you 
have the patience to read about 
it r emains with me despite long 
experience to the contrary. An- 
other primitive impulse, howev- 
er, has lately been sending me 
into dreamland whenever I 
delve into difficult subjects. 

I will never need sleeping 
pills as long as there's a com- 
puter manual. A page or two on 
RAM and ROM and I'm the 
sandman's most peaceful baby. 

What anesthetized me in the 
pop-music article was a refer- 
ence to punk rock and macho 
rock. Mere tots are totally 
knowledgeable on these sub- 
jects, but to me they are as re- 
mote as the moons of Uranus. 
To me there is only one kind of 
rock; namely, loud rock. 

It's wonderful that anybody 
has ears subtle enough to left 
punk rock from macho rock, 
nerd rock or rock-’em-socfc-’era 
rock. I can't do it, and would 
like to learn, but an ancient in- 
ner voice whispers, “Nobody 
can master everything, pal, so 
why not settle for a little nap?” 
□ 


tastrophe depends on people 
who buy and sell bonds. If they 
thinfc we are inflation bound, 
it's “So long, sweetheart!” 

They start buying or maybe 
selling bonds — I'm not sure 
which — at a prodigious rate, 
and the whole country is kaput. 
So obviously, having us at their 
mercy, they must be kept hap- 
py. Meaning, assured that infla- 
tion is noi in the cards. 

That's why Greenspan and 


company have to keep raising 
rates. There's a drawback 
though. Raising rates keeps the 
economy hissing and knocking 
like a car with a missing cylinder. 

With each rate rise, business- 
es that are about to boom slow- 
down instead. Out-of-work 
people with good job prospects 
remain out of work instead. 

This unhappiness — misery 
for some — is all for the greater 
good of the whole country. 
Hence, commendable. 


“WelL” you may ask if you 
are Alan Greenspan, “if you're 
not qualified to dilate on simple 
rocks, how can you dare talk 
about economics, as you obvi- 
ously intend to do?” 

The answer is I'm not going to 
talk about economics, but mere- 
ly ask a few simpleton's ques- 
tions. These have occurred to me 
over the past few weeks just be- 
fore falling into deep slumber 
from opening paragraphs of eco- 
nomics news stories. 

For instance, about the Fed- 
eral Reserve people constantly 
raising interest rates: I know 
they do it for our own good. To 
prevent inflation. And 1 under- 
stand that inflation would be a 
terrible disaster. 


My question is this: 
Shouldn't the country treat 
these people at least as well as it 
treats its military people? They 
get uniforms, decent salaries, 
ear ly-retirement pension plans. 

Why not the same for the 
businessmen ducking the bank- 
ers' artillery, the unemployed 
working stiffs living on pasta 
and beans? They’re on the front 
line every day sacrificing to keep 
a terrifying bond market at bay. 

This leads to a second eco- 
nomics question; to wit why 
are politicians suddenly so ea- 
ger to make welfare people take 
jobs? Here is the Federal Re- 
serve doing its best to keep un- 
employment high so as to paci- 
fy bond people, while 
politicians insist that these al- 
ready unemployed welfare peo- 
ple become dis- unemployed. 

Does this make economic 
sense? Wake me if you find out 

Afar York Tima Service 


By Sherry Buchanan 

H ONG KONG — November is 
the month when the northeast 
monsoon starts soaking Hue, Viet- 
nam’s imperial capital and cultural 
center, where Buu Chi, one of Viet- 
nam’s best-known artists, was bom 
and has spent most of his life. This 
November, Buu Chi hoped he could 
have a break from the heavy humidity 
of the monsoon and be allowed to 
travel to Hong Kong for his one-man, 
monthlong show at Galerie La Vong, 
which specializes in Vietnamese art 
He had applied for a passport, but a 
week before the show was to begin, he 
stffl had no news. 

Buu Chi still thought 
he might have a sum i 

chance. He had been 1 be door 

allowed to travel in country fa 
1988 to Paris, where _ . 

he lived for six to foreign 
months, although he • l t 

was refused permis- ,s 101 

si on to travel to the — — 

United States in 
1993. But, he didn’t receive his pass- 
port The door that Vietnam has 
' opened wide to foreign business, re- 
mained shut for one of the country’s 
great artists. His aesthetically pure, 
sometimes l umino us, sometimes ash- 
en oils on paper would have to speak 
for him. 

Unlike many other contemporary 
Vietnamese artists shown at Galerie 
La Vong, Buu Chi’s work stands out 
for its h umanis t message. No colorful 
Hanoi street scenes, water buffalo, 
rice paddies or flowers. Here is a 
painter who is not in the travelogue 
business and who doesn't paint for a 
Western audience interested in sou- 
venirs from their Asian trips. 

“In Vietnam, he’s unique,” says 
Judy Day, an art historian and part 
owner of Galerie La Vong, who, with 
her partner, Shirley Hui, traveled bade 
and forth to Hue with most of the 
p ainting s for the exhibition. The gal- 
lery has shown more than 20 Vietnam- 


Tfae door his 
country has opened 
to foreign business 
is shut for him. 


ending struggle to control and yic~ 
timiaft those who don't agree with 
them. But he paints with none of the 
ugly despair and alienation of so 
many East European artists who suf- 
fered as he did for their belief in 
freedom of expression under totali- 
tarian re gimes . He stays somewhere 
in the background, allowing the im- 
age to gain the precision of calligra- 
phy, 'but with Ughi and color, and 
make its own statement 

“You have to paint as you live and 
thin Ic, *’ he said in a telephone inter- 
view. “I don’t belong to any school, 
to any isms — it isn't necessary. Be- 
— ____ __ fore being beautiful, 

you must be truth- 
fuL and being iruth- 
US ful means the au- 

15 opened thentic. I am also 

f interested in the pic- 

business torial beauty of my 

i! work, but they have 

nun * to be authentic.” 

Buu Chi was bora 

in Hue in 1948, the 
son of a civil servant. His father paint- 
ed on Sundays, and young Buu Chi- 
started to draw at his father's side. But 
instead of following his talent as an 
artist, be went to law school heeding 
the paternal warning that “being a 
painter was a poor man's career.” 

The Vietnam War, the Tet offen- 
sive, the brutal occupation by the 
Vietcong and the bloody battle in 
Hue changed all that. Hue was held 
by the Vietcong for 25 days in 1968, 
the year of the Tet offensive, which 
led to a 10-day battle between Amer- 
ican troops and the Vietcong that left 
thousands dead and homeless. Viet- 
cong rockets and American bombs 
flattened whole neighborhoods. 

Buu Chi had just turned 20. The 
good student and dutiful son became 
obsessed by the horror and destruc- 
tion of the war and joined the student 
peace movement in Hue. In 1971. he 
was arrested and jailed in Saigon by a 
Smith Vietnamese military tribunal 



Above, one of Buu Chi’s 1994 
paintings; at right, a drawing 
done when he was in jail. 


ing Americans still in Saigon from 
the rooftop of the U. S. Embassy to 
safely aboard ships of the 7th Fleet 
as the North Vietnamese tanks pre- 
pared to move into Saigon. 

“That day I fell I had been liberated 
at the same time my country had been 
liberated. That day, I thought I could 
be a liberator, I was so full of hope 
that I could build my country,” Buu 
Chi says. It is that bittersweet hope 
that be pours onto iris canvases. 

His figurative paintings, which in- 
clude “Falling Angel,’' “Renewal of a 
Soul” and “The Flowering of Life,” 
have brilliant reds, a color that for 



c . in) 


p(V\ ^ 


i. 


Buu Chi represents “passion, but 
also the mental crisis of my soul and 


ese artists since it opened in June for five years for being a “rebellious 
1993. and it has recently published student” He spent six months in soli- 


“Fine Contemporary Vietnamese Art: tary confinement and was repeatedly 


Poetic Reflections,” a collection of tortured, but he continued to do pow- 


Vietnamese artists, including Buu Chi. 

Buu Chi paints man's dehuman- 
ization, pettiness of spirit and never- 


erful ink drawings in his cell at night. 

He was released on April 30, 1975, 
the same day helicopters were airlift- 


also the mental crisis of my soul and 
the color of blood and suicide,” and 
silvery whites, which in “F alling An- 
gel” “is goodness which happens 
once in a while, but which is lost in 
evil If an angel lives in our world, he 
can become a devil” “Crazy Clown,” 
the multicolored and tragicomic 
head balancing a lighted candle as if 
in a circus act, is Buu Chi’s image of 
“the collective madness in Kampu- 
chea and even in Vietnam.” 

His use of color reflects his admira- 
tion for Gauguin and van Gogh, 
whose work? he was able to become 
more familiar with during Iris stay in 
Paris. He describes that time as 
“friends which finally meet.” referring 
to his intimacy with French culture 
from his days at the lyc6e in Hue. 

His still Hfes are mostly in ashen 
tones, in contrast to the brightly col- 


ored figurative paintings. Titles in- 
dude “Fish Bones,” “Dried Squid" 

and “F alling Cup," 

“The coffee cup,” he says, “it's me 
projecting myself into still life. The 
liquid in the cup, the black liquid is 
myself. My soul is always bitter." Can 
it really be that bitter? There is no 
sarcasm or spite in Buu Chi’s voice, 
and he lau g hs a lot, usually at himself. 
Of “Fish Bones,” about the futility of 
life, he says, laughing: “That's all 
that’s left. It’s me in the future.” 

It isn’t the guitar-playing singer 
who likes to wear American T-shirts 
or the French intellectual who keeps 
looking for the meaning of life, but 
the Vietnamese mandarin, full of an- 
cient wisdom, who answers: “I hide 
my misanthropy behind my sense of 
humor. Humor hides bitterness, it's 


an Oriental way. I don’t mean to 
deceive; one can have a great sense of 
humor in a life of disappointments. 

“I «hmk fife is a comedy for those 
who think and a tragedy for those who 
fed. I live with this contradiction.'’ 

There are only two nudes in the 
exhibition, serene and loving — the 
sharp edge and bitterness is gone. 

“I don’t paint many portraits of 
women,” he says. “1 feel it is loo 
in tima te, but I admire beauty, some- 
times essential, sometimes spiritual." 

There is a peaceful place after all in 
Buu Chi's restless souL There is also 
the hope that in the future, he will be 
able to travd the worid to meet those 
who are captivated by his art. 


Sherry Buchanan is a journalist 
based in Hong Kong. 


WEATHER 


PEOPLE 


Europe 


Forecast tar Saturday through Monday, as provided by Accu-Weather. 


Mga-vo 

Amsttraom 

Ankara 

Arams 

Bawkar.a 

Btnara=f 

Boron 

B-ussua 

BuGKCS 

COCOTroBOn 


Today Tomorrow 

Hgti Low W Wgh LOW W 
OF OF OF OF 

21.70 12 'S3 * El '70 I3-5S ; 

1l . SZ 7/44 x 3*3 7/44 5R 

10. SO 002 EC -4.22 sn 

1B-S4 II V i 1 SU 1 a **, ct 

20r6b 11-SI 1 20.38 '3-55 , 

9'<B I .St .; 7 , -44 3-T2 in 

fi.43 U-3C C 5--U 1 M w 

12 '53 7 44 pc 11*12 7 44 : 

7 44 2 35 c u.43 £3S v 

7 a: 235 V. 7 *4 4/39 S 




Today 

Hlgti Low w 
OF OF 


2i 7C UHJ i 22-71 M.-S7 s 


Dtfiiin 

'3 55 

8Mf 

fl 

15-61 

7.44 

s 


::50 

3-4C 

s 

12 53 

9/40 

sc 

F&vka 

15-53 

T 44 

1 

’3 55 

7/44 

^1 

FnrtHup 

6«j 

134 

c 

7.44 

2-35 


Garava 

11-52 

43 s 

1 

9/49 

4/33 

yi 


235 

•3-27 


439 

032 

s 

K-JTOui 

*4/57 

BM8 

PC 

11 32 

4.33 

sh 

UtsPaiman 

26-7} 

17*3 

1 

26-79 

lfl.54 

s 

Us&m 

ts« 

IZ-SS 

3 

18-64 

1355 4 

lorctm 

13-SE 

8/46 

SC 

12-53 

8-48 

5" 

ilasrc 

Mca 

5 41 

B 

21-70 

a -46 

j 

Mian 

ta u 

5 41 

5 

11-52 

4-35 

SC 

M ncr.» 

•1 31 

■227 

IP 

-2-29 

■5 22 

■J1 

Kunvi 

B'4? 

2 35 

sc 

7/« 

134 




9 46 

1 

1854 

9/46 

4 

O5/0 

4)33 

032 

c 

4.39 

235 

sn 

Poura 

I3«6 

11-52 

a 

13.96 

13/55 

5 

Pans 

IE' <55 

6 45 

s 

12-5J 

7.44 

P> 

Pia&w 

6«3 

’■34 

c 

6-«3 

135 

f 

Rojkpv* 

4 4. 

1-34 

VI 

5 41 

C32 

in 

Rome 

20 -M 

6.13 

a 

20 IW 

5)41 

s 

Si Pererxjrg 

-1»3t 

48 5 

so 

I 34 

■2 06 * 

BKXMKkr 

3Q7 

-1/31 

c 

5;41 

2/3$ 

5 


fJfe 


Bangkok 

Bflfrrff 

HanaKang 

Montt 

New Daw 

Saotf 

Shngna 

&nfW«n> 

Taiga 

Tokyo 


31*88 23/73 pc 
11/52 2 <36 S 

26 73 21.70 e 
30/80 23/73 c 
32 B9 18/81 I 
9 >48 104 £ 

15rS9 12 S3 (tl 
31.80 23/73 e 
23/73 18*84 e 
1203 4/39 e 


A SQUABBLE between the widow and 
^\.the ex-wife of Kenneth Tynan, the 
British drama critic, has heated up. Elaine 
Dmuhr, who was married to him from 1951 
to 1964, is angry at her successor. Kathleen 
Tynan (they married in 1967; he died in 
1980), who included several letters written 
by her husband to Dundy in “Kenneth 
Tynan: Letters,” published in England last 


differences. She asked the Los Angeles 
court to void a prenuptial agreement and 
said she was entitled to half the assets from 
the marriage and everything Van Damme 
had given her, including a Cartier watch, a 
Harley Davidson motorcycle and a BMW. 


I l'BMAtt-UpIv 
C-V3 


I UnMoMjnflOty 
Hci 


month. Excetpts appeared in The New 
Yorker, and Dundv wrote a letter to Tina 


North America 

New Ycil 1 and Washington 
•ViH fa-/e dry -.veaihef Satur- 
day mro Sunday /an is likdy 
laior Sunday and Monday. 
Torcr:o aim be dry Saturday; 
rain ;r jng* wji am-.e Sun- 
ijav. then ram will continue 
Monday Los Angelos will 
have shonars Saturday, 
than mainly dry weather 
atierv/ard 


Europe 

Generally dry weather will 
continue no early next week 
in England. Franca and Ger- 
many. Rome may have a 
lew shoAorc Saturday, then 
Sunday and Monday wfl he 
dry Ram and snow will 
move into Scandmavui Sun- 
day. and some rain will 
develop In eastern Spain. 
Moscow will be wtntry. 


Asia 

Generally dry weather will 
continue In Hong Kong Into 
early next week. Tokyo "W 
have a low showers Satur- 
day. then dry weather Sun- 
day and Monday. Manila wit 
be warm with no more than a 
passing shower Singapore 
will have a couple ot thun- 
dershowere. especially Sat- 
urday. 


AHjori tiro 

CacaTown 2»rro 

Casablanca 22.71 

Hamm 17.-82 

Logos 31.96 

Nausb 21.70 

Tuna 2t 70 


f4 57 1 2170 IS'59 * 
18/61 pc 24.75 1385 s 
11/S2 a 2170 12/83 s 
7/44 c 2170 7/44 x 

23.r3 5 3188 24 75 sc 
II/S2 all 22 7i U. 55 l 
* 45 18-64 11 52 y> 


North America 


Middle East 


Latin America 


StmsaoiQ 

Tannin 

Venice 

Vienna 

W «U> 

Zatn 


zns -3/27 . 
14.57 7-44 o 


7<M 2/35 c 

4/33 0<32 c 

9/48 »/3S t 


3/37 0/32 S 

li/53 6/43 sn 

*/43 2/35 sn 
6 -43 i -M. * 
8-48 4.39 Vt 


Oceania 

Auckland 19«6 12453 pc 20/M 13/55 PC 

Sywiay 25/79 10*8 pe ai.iw i?«s mi 


Today Tomorrow 

High Low W Hlrfi Low W 

09 OF OF OF 

20 0? 14/57 sc 20*8 16*1 *h 
22/71 11.52 BC 19*8 1353 lh 
16/61 7 44 (c -.5 5* B-45 in 

16/41 10/50 pc 18*1 It *2 sh 
23-73 4.39 s 22/71 9.-48 l 

28/32 16*1 S 27 /BO 1S*9 J 


Today Tomorrow 

Mgh Low W Ugh Law W 
Of C/F OF OF 

Buenos *un* 32/H8 20*8 I 27*0 15/59 eh 

Cameos 23 84 20 *8 *1 29/84 20.88 PC 

Lima 23/73 17 *2 c 23/73 17/82 pc 

Maun Cay 22.7i 6 '43 pc 21/70 9/48 pc 

FtodBMwmi 24.TS 21/70 Sii 28.79 20/68 PC 

S*mgo 29*4 12-53 a 28*2 it* 2 pc 


Legend: » -sunny, oc^anly cloudy. c-cWUCy. mvshwMra, l-lhundamsamia, r-rWn. st-snow fumes, 
sn-www. Hm. W-Wootfier. All mope, torecaata and data pmMad by Aocu-Woother. Inc. C 19M 


oncftimge 

Adana 

Bosran 

CWCO0O 

Danvw 

Dene* 

Hcnrtulu 

Houston 

Los Angelas 

Mum 

Mrawepoks 

Manned 

Naesau 

NmrVak 

Phoarm 
Son Fran. 
SMUte 
Toronc 
Wasiwipcn 


Yorker, and Dundy wrote a letter to Tina 
Brcwn, the magazine's editor, and to edi- 
tors in London. “It certainly seems odd," 
she wrote, “that the widow of a man by his 
second marriage may publish letiers writ- 
ten to his first wife without her knowledge 
or consent." Reached in Los Angeles, 
where she lives. Dundy said. "This gives 
the false impression that I gave them to her 
to publish." Sharon Delano, the editor of 
the American version of the book, which 
will be published next year, said the con- 
tents of letters belong to the writer or the 
writer’s estate, and not to the recipient. 

□ 

Darcy Van Varenberg, the wife of the 
Belgian action-film star Jean-Claude Van 
Damme, has filed for divorce after nine 
months of marriage, riling irreconcilable 


The German painter and photographer 
Sigmar Pbfite has received die Erasmus 
Prize in Amsterdam for his “creative and 
active” contribution to European art Polke 
was recognized for die ‘innovative technics 
he uses to experiment with materials and the 
influence he has on younger artists,” said 
Yvonne Goester of the Praenrium Eras- 
mianum Foundation, sponsor of the award. 

□ 



Grace SBcfc will gel S865.000 from Ma- 
rin County. California, officials in a settle- 
ment over a fire caused by park workers 
welding a gate that destroyed her house in 
1993. Along with the mansion, the blaze 
consumed memorabilia such as clothing 
worn by John Lennon, a platinum record 
and tapes of recording sessions with Jeffer- 
son Airplane and Jefferson Starship, for 
which Slick was lead singer. 


Dmna Sanlh/WP 


Jean-Claude Van Damme. 


David Crosby could be out of the hospi- 
tal in as little as two weeks after undergo- 
ing a liver transplant, his doctor says. 
Crosby s condition has been upgraded 
from serious to good, and he was moved 
out of the intensive care unit at UCLA 
Medical Center in Los Angeles. 



AT&T USADirect and World Connect* 
Serrice lets you quickly place calls 
on vour own. 


- .. it n K " 

*#'*■ , 

V l,nr * 




r: ' 

n-‘- 
* • 

. • r>- 



Calling the States or one of over 100 other countries? | s .*•' 


There’s no easier, more reliable wav than AT&T 


I'SADirect and World Connect Service. Especially if 


vnu lake ibis shortcut. After dialing the .AT&T Access 


Number for the country you’re in. instead of wait- 


ing for the English-speaking operator, follow the 


voice prompts. Your call will get through faster and 


can be charged to vour AT&T Calling Card Suffice It 


to say. for experienced business travelers, the choice 


ASIA /PACIFIC 

HP."/ ZEilAUD 

iFW -911 

AUSTHIA -777 

022 - 903-011 

■ 

HUNGARY* 

.DOC- 800-01111 

NORWAY . 

800 - 190-11 

MIDDLE EAST 

AMERICAS 

AUSTRALIA 

1000 - 881-011 

PHILIPPINES' 

105-11 

BELGIUM" 

B-B 0 D- 100-10 

ICELAND" ■ 

999-001 

TOLANQf*' 

00010 - 480-8111 

flAHRARJ 

. 8 ffl-l »1 

AHCfNTlW* 

ooi- 8 oo-i®-nn 

CHINA. PRC* 4 * 

10811 

RUSSIA ' '1 MOSCOW) 155-5042 

ElllCAflIA 

M-isoo-ooin 

IRELAND 

V B 00 - 650 -000 

PORTUGAL' . 

05017 - 1-288 

CYPRUS* 

iSj£i-«WI 8 

BOLIVIA" 

0 - 800-1112 

HONGKONG 

800-1111 

SAIPAN" 

235-2872 

CROATIA'* 

00 - 38-0011 

ITALY* 

172-1011 

ROMANIA . 

01 - 808 - 42 B 8 

EGYPT* (CAIRO!' 

510-0200 

BRAZIL 

. 008-8810 

INDIA* 

000-117 

•',iiii'. 5 i’iFl 

( 1 KI- 1 III Mil 

CZECH RB>UBLIC 

00 - 428-00101 

UECHTENSTHN" 

155 - 00-11 

SLOVAK REP. 

00 - 420 - 801 B 1 

ISRAEL 

177 - 100-2727 

CAMDA . . 

. 1 - 800 - 575 - 22 J 2 

INDONESIA* 

001 - 801-10 


4 -U;-«rj 

DENMARK' 

8001-0010 

LITHUANIA* 

BC 1 98 

SPAIN, 

000 - 99 - 00-11 

KUWAIT 

W»- 7 ftl 

CHILE 

B 0 C-B 312 

JAPAN'. 

0030-111 

TAIWAN' 

0080 - 102 88-0 

FINLAND' 

0810 - 106-10 

LUXEMBOURG 

. m-biii 

SWEDEN* 

820 - 795-611 

LEBANON (BEimm 

i" 426-801 

COLOMBIA . 

aao-ii-«no 

KOREA 

ara -11 

T»* 1 U At;*,* 

•Kil l 71 ; mi 

FRANCE 

19;-8011 

MALTA 

D 8 DQ-B 90-110 

SWITZERLAND- 

155 - 00-11 

SAUDI iflARU 

l-#M-H» 

EL SALVADOR 1 

190 

t(i 

W III 

EUROPE 

GERMANY 

0130-0010 

MONACO" 

w-mt 

UKRAINE' 

B- 3100 >t 1 

TUMEY" 

00 - 800-12277 

HONDURAS'! 

123 

MALAYSIA- 

800-0011 

ARMENIA'' 

3*14111 

GREECE" 

U- BOO -1311 

NETHERLANDS* 

. 08 - 022-3111 

U.K. 

0500 - 89-0011 

U ARAB EMIRATta* 

nu-ui 

MEXICO?* 

. ©-BOO- 4 G 2 - 4 MO 


isn t which international long distance company to 
use. Us which AT&T speed to use: Fast. Or faster. 




PANAMA. 109 

PERU* 101 

VOMEZUOA*. . W-01V12U 
AFRICA 

GABON* 000-001 


TriwWorld'Cowi iv/ioits 


GAMBIA" . 
IVORY COAST 
KENYA* . 
LIBERIA . 


09111 

00-111-11 

□boa-in 

. 7 * 7-797 


SOUTH AFRICA 0 - 808 - 99-0123 


AT&T 


!■■>'*« <1i</. iltlir: in i .1 1 II lit. til' t -it .ill,. 

■.I ' I lurid I iiniHil •>. 1 

‘i i «.i* I. Hi-. !i-j| ■ .- >■••• i . 


i ’ • / . >1 1 ;i. i ,i ./ii i . ml 7-wmu ill I >1 i n- 
• ••• i.i i-i-nii, in 11.111 iir. i.iIIiik I, i;i 

' -i.i. ir, i .i-r I, -lilt* !•••'!■ 


i hr. a»> (.irtTiJ'««- /fnn.-af/w .(i.Jiiii;//- cv* 

ili.il. Ml ,’iKHUn''- i.ill„1.i||iiip,-n,iil.iMi-lnll* l ■«■!' JIM »«lM I'JWml |ilM* miN-t >* l MlVml remit:!, .ill J ita.V ta.il«..:ilh .-«iiip .hi m .jllmp. | l>\WrnT wm I. jn.nl.iH.. low all .-inmldi-, l»b.l a!,.. *nUn- plima-. itipim- il^trii <i . Hu it iilkm- > ml 1.4 .Ini !■«» UM.il PUT 1 KIMIH 1 IMP iH9>* 

I-'MI Mir. fniH/i JwiimiMIiPmkIi liu-nll ibl'.HH-L «Ti4 l» iiljM,- linn. I'lMif |4h-iti- Hi p :„mi -ill m i. .Tu.vi -lid h in- :::3l«i, .-.illlur Iwii ,mWK pJl,«»j. pirn*- ittaAdl "I. Ui\t -MHiiit .Ii.hIiI.I, nubt Knro(b -JII /.idillns oh>r Murlll DllUlUl VT.I.V L-mmuiini! vj!I- mil- *-| , P»» HM